Which of the Following Will Result If the Goals of JIT

question 58

Multiple Choice

Which of the following will result if the goals of JIT partnerships are met?

• A) The number of suppliers increases.
• B) Receiving activity and inspection are outsourced for incoming goods.
• C) As suppliers are located closer to facilities, in-transit inventory decreases
• D) Inventory in transit is replaced by on-site inventory.

---

Definitions:

Accounts Receivable

Receivables from customers to a business for commodities or services rendered but payment has not been made yet.

Financing Activities

Actions that involve the inflow or outflow of money to fund a company's operations, expansion, or to settle its obligations.

Issuing Debt

The process by which corporations or governmental entities raise money for operations, investment, or financing by issuing bonds, notes, or other forms of debt instruments to investors.

Lending Money

The act of providing funds to another party with the expectation of being repaid, usually with interest, over a specified period of time.