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What primary advantage of a just-in-time inventory system is

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Problem 1: The primary advantage of a just-in-time inventory system is:

A. The company is able to use the specific identification method of inventory pricing
B. The amount of money tied up in inventory is minimized
C. Customers are afforded a wider selection of merchandise available for immediate delivery
D. The risks of losing sales opportunities or of having to shut down manufacturing operations because of inventory shortages are minimized.

Problem 2: The Sarbanes-Oxley Act of 2002 created

A. The Public Company Accounting Oversight Board.
B. The Security and Exchange Commission.
C. The Income Tax Return Overview Board
D. The Financial Accounting Standards Board.

Reference no: EM132641489

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