Accounting for Just-In-Time Operations Requires Fewer Transactions Because

question 43

Multiple Choice

Accounting for just-in-time operations requires fewer transactions because

• A) large batches of inventory are combined in a smaller number of transactions.
• B) costs are accumulated in one department and then transferred to the next department.
• C) combined material and conversion costs are transferred to finished goods.
• D) costs are transferred from department to department allowing for better controls in costs.

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