Which of the following is not a characteristic of lean accounting?
A)Creates value streams.
B)Eliminates waste.
C)Does not compute individual product costs.
D)Fails to trace actual costs to the value stream.
E)Managers can dedicate resources to individual value streams.

Question

Quizplus · Accepted Answer

Lean accounting does trace actual costs to the value stream, making it a practice that aligns with the principles of lean thinking by providing relevant financial information. This helps in understanding the financial impact of lean improvements.

Which of the Following Is Not a Characteristic of Lean