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    Financial Accounting Study Set 2
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    Exam 20: Inventory Management and Variable and Absorption Costing
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    Lead Time Is The
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Lead Time Is The

Question 42

Question 42

Multiple Choice

Lead time is the:


A) Number of days that it takes to place an order
B) Number of days between placing an order and receiving the order
C) Number of days between running out of inventory and receiving new inventory
D) Number of days an order is in transit

Correct Answer:

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