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    Managerial Accounting Study Set 8
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    Exam 4: Activity-Based Costing, Lean Operations, and the Costs of Quality
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    Which Term Listed Below Describes a System Where Companies Purchase
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Which Term Listed Below Describes a System Where Companies Purchase

Question 222

Question 222

Multiple Choice

Which term listed below describes a system where companies purchase raw materials when needed in production and complete finished goods when needed by customers?


A) Internal failure costs
B) Backflush costing
C) Just-in-time
D) External failure costs

Correct Answer:

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