Select the Best Answer

question 86

Multiple Choice

Select the best answer. Backflush costing is appropriate when:

• A) both just-in-time (JIT) and activity-based costing (ABC) have been implemented.
• B) JIT purchasing has been implemented.
• C) both JIT production and JIT purchasing have been implemented.
• D) reduced set-up times have resulted from JIT's introduction.

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Definitions:

Z-scores

An indicator that shows the number of standard deviations a data point is away from the average.

Greater Than

A mathematical symbol (>) used to indicate that the value on the left side is larger than the value on the right side.

Z-scores

Standardized scores that measure the distance of a score from the mean, indicating how many standard deviations an element is from the mean.