Exam (elaborations)
CPPB TEST - DOMAIN V| Questions and Answers 100% accurate!!
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LAST-IN FIRST OUT (LIFO) - ANSWER-Utilized in Private Sector. Due to taxes, it is beneficial to use the latest received item JUST-IN-TIME (JIT) INVENTORY - ANSWER-Inventory system in which companies manufacture or purchase goods just in time for use. Technique focused on the inventory reduction...
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