Which of the following is not a contemporary management technique used by the management accountant to respond to the changing business environment?
A)Enterprise risk management
B)Lean manufacturing
C)Life cycle costing
D)Enterprise sustainability

Question

Quizplus · Accepted Answer

Lean manufacturing is not a contemporary management technique used by the management accountant to respond to the changing business environment. While it is a popular manufacturing philosophy that focuses on minimizing waste and maximizing efficiency, it is not specifically related to management accounting. The other options—enterprise risk management, life cycle costing, and enterprise sustainability—are all contemporary management techniques that management accountants use to respond to the changing business environment.

Which of the Following Is Not a Contemporary Management Technique