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Match the Following

Question 228

Matching

Match the following:

Premises:
JIT inventory
Responses:
Permits the disbursement of funds at remote locations without the need to maintain excess cash at those locations.
The length of time it takes to pay off a loan should be approximately equal to the duration of the project it supports.
An attempt to transfer the task of maintaining inventory from a manufacturer to its suppliers.
Enables a lender to maintain a collateral position in all of the inventory at a borrower's facility.

Correct Answer:

Permits the disbursement of funds at remote locations without the need to maintain excess cash at those locations.
The length of time it takes to pay off a loan should be approximately equal to the duration of the project it supports.
An attempt to transfer the task of maintaining inventory from a manufacturer to its suppliers.
Enables a lender to maintain a collateral position in all of the inventory at a borrower's facility.
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