A lean accounting approach organizes cost information by:
A) Product.
B) Functional department.
C) Cost center.
D) Value stream.

Question

Quizplus · Accepted Answer

Lean accounting typically organizes cost information by value stream, not by traditional categories like product, department, or cost center. This approach aligns with lean manufacturing principles, focusing on the flow of value to the customer.

A Lean Accounting Approach Organizes Cost Information By