Lean accounting measurement is used to support lean thinking within the organization. In traditional accounting, waste is hidden. Which of the following is NOT one of the ways in which traditional accounting measures hide waste?
A)Incorrect standards.
B)Inadequate reporting in production, design, or sales.
C)Incorrect accounting formats.
D)Overhead allocations for the organization.

Question

Quizplus · Accepted Answer

Incorrect accounting formats is not one of the ways in which traditional accounting measures hide waste. The formats are consistent with accounting principles in lean and traditional accounting. The difference is that traditional accounting does not use lean principles in exposing waste.

Lean Accounting Measurement Is Used to Support Lean Thinking Within