standard costingForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › standard costingThis topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts August 26, 2017 at 9:06 am #403612 adarsh1997ParticipantTopics: 637Replies: 282☆☆☆☆Which of the following statements are true in the context of a just in time (JIT) inventory system?1. “It works best if supplies are obtained from a number of different suppliers” – This answer is wrong. Could you why? August 26, 2017 at 10:07 am #403637 John MoffatKeymasterTopics: 56Replies: 53806☆☆☆☆☆Why have you headed up this thread ‘standard costing’?Given the need for suppliers who deliver on time and deliver good quality, and the contracts that are needed to ensure this, the fewer suppliers normally the better.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In