Some companies have moved to JIT without changing the substance of their accounting systems. Relying on the former accounting system may present problems for management because
a. traditional accounting systems are designed to track items (labor efficiency, purchase price, overhead absorption) that are no longer primary concerns of management.
b. control of cost drivers will be lost.
c. managers do not understand the new manufacturing environment.
d. traditional accounting systems discourage the creation of large inventories that are necessary to ensure uninterrupted production runs.
A
You might also like to view...
A contractor would not use ________________________________________ method of income recognition when there is substantial uncertainty regarding the total costs it will incur in completing the project
Fill in the blank(s) with correct word
A department store utilizes different personnel for the main store (central business district) and for the suburban (regional shopping center) locations. The store utilizes a _____
a. geographic classification b. product classification c. functional classification d. combination organization chart
A(n) ________ contract refers to a contract that is entered into by the parties by use of email.
A. web B. online C. email D. ISP
Listing all the nouns in the documents and notes can be valuable for identifying attributes and entities
Indicate whether the statement is true or false