In a just-in-time inventory system,
A)practical standards become ideal standards.
B)ideal standards become expected standards.
C)variances will not occur because of the zero-defects basis of JIT.
D)standard costing cannot be used.

Question

Quizplus · Accepted Answer

In a just-in-time (JIT) inventory system, the focus is on minimizing inventory and reducing waste, which aligns with the concept of ideal standards becoming expected standards as the system aims for efficiency and minimal defects.

In a Just-In-Time Inventory System