Just-in-time systems enable accountants to spend
A)more time on inventory valuation for external reporting and less time obtaining data for managerial decisions.
B)less time on inventory valuation for external reporting and more time obtaining data for managerial decisions.
C)no time on inventory valuation for external reporting and more time obtaining data for managerial decisions.
D)less time on inventory valuation for external reporting and no time obtaining data for managerial decisions.

Question

Quizplus · Accepted Answer

With just-in-time systems, inventory information is readily available and up-to-date, reducing the time accountants spend on inventory valuation for external reporting purposes. This allows them to spend more time obtaining and analyzing data for managerial decisions.

Just-In-Time Systems Enable Accountants to Spend