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IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 66 Topic 7 Discussion

IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 66 Topic 7 Discussion

IIA-CIA-Part3-3P Exam Topic 7 Question 66 Discussion:
Question #: 66
Topic #: 7

Which of the following is a characteristic of just-in-time inventory management systems?


A.

Users determine the optimal level of safety stocks.


B.

They are applicable only to large organizations.


C.

They do not really increase overall economic efficiency because they merely shift inventory levels further up the supply chain.


D.

They rely heavily on high quality materials.


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