Sales and production budgets are the same in firms that follow a just-in-time inventory policy. Is this

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“Sales and production budgets are the same in firms that follow a just-in-time inventory policy.” Is this assertion correct? Comment on whether the materials usage budget would be the same as the materials purchase budget for JIT firms.

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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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Question Posted: Feb 20, 2013 09:30 AM

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Sales and production budgets are the same in firms that follow a just-in-time inventory policy. Is this

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Managerial accounting

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