1.

What is the manufacturing principle where raw materials are received just
in time for production?

A. JUST IN TIME ACCOUNTING

B. BACKFLUSH ACCOUNTING
C. JUST TIME ACCOUNTING

2. Which country primarily originated the Just-In-Time (JIT) manufacturing

approach, with companies like Toyota and Kawasaki leading its
development?

A. KOREA
B. JAPAN
C. TAIWAN

3. How does JIT manufacturing impact the need for warehouse space?

A. IMPROVED
B. MANAGED
C. REDUCED

4. What is one advantage of JIT manufacturing in terms of handling costs?

A. REDUCED
B. ELIMINATE
C. INCREASE

5. What equipment might be rendered unnecessary in JIT manufacturing due

to reduced handling requirements?

A. FORK LIFTS
B. BACK HOE
C. TRAILER
6. What is the primary objective of JIT manufacturing regarding inventory
levels?

A. HIGH
B. AVERAGE
C. LOW

7. In JIT costing, how are Material and Work in Process accounts combined
differently from traditional costing?

A. RAW AND PROGRESS ACCOUNT

B. RAW AND PROCESS ACCOUNT
C. RAW AND PRODUCTION ACCOUNT

8.What is another term for backflushing in accounting?

A. JUST IN TIME ACCOUNTING

B. BACKFLUSH ACCOUNTING
C. JUST TIME ACCOUNTING

9. How does backflushing differ from traditional methods of cost accounting?

A. SHORTENED
B. LONGER
C. AVERAGE

10. How can firms decrease finished goods inventory by planning production
based on market forecasts or actual orders?

A. MANAGING
B. SCHEDULING
C. FORECASTING

True or false
11. A company must learn to rely on a lot of suppliers who are willing to
make frequent (even daily) deliveries in small lots
- FALSE (FEW)

12. A company must improve product flow lines by creating an individual

flow line for each separate product - TRUE

13. Must reduce setup time between production runs through employee
training or automation by creating flexible manufacturing system (FMS) -
TRUE

14. A company dont develop a system of total quality control (TQC) over
parts and materials. - FALSE (must)

15. A company must develop flexible work force - TRUE