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    Managerial Accounting Study Set 4
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    Exam 4: Activity-Based Costing, lean Production, and the Costs of Quality
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    A System in Which Companies Purchase Raw Materials Only When
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A System in Which Companies Purchase Raw Materials Only When

Question 63

Question 63

Multiple Choice

A system in which companies purchase raw materials only when needed is called:


A) ABC.
B) external failure costs.
C) internal failure costs.
D) JIT production.

Correct Answer:

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