Comparing activity-based management (ABM) and lean operations all of the following are correct except
A) both identify value-adding and nonvalue-adding activities.
B) ABM uses a more complex accounting system.
C) both are activity-based systems.
D) JIT focuses on the accuracy of cost assignment.

Question

Quizplus · Accepted Answer

JIT (Just-In-Time) is a lean operation strategy that focuses on reducing waste and improving efficiency, not specifically on the accuracy of cost assignment.

Comparing Activity-Based Management (ABM) and Lean Operations All of the Following