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    Financial and Managerial Accounting
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    Exam 19: Cost Management Systems: Activity-Based, just-In-Time, and Quality Management Systems
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    Just-In-Time Costing Systems Use a Combined Account for Raw Materials
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Just-In-Time Costing Systems Use a Combined Account for Raw Materials

Question 152

Question 152

Multiple Choice

Just-in-time costing systems use a combined account for Raw Materials Inventory and Work-in-Process Inventory known as the ________.


A) Raw Materials Inventory account
B) Work-in-Process Inventory account
C) Raw and In-Process Inventory account
D) Process account

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