Accounting for lean operations requires fewer transactions because
A) large batches of inventory are combined in a smaller number of transactions.
B) costs are accumulated in one department and then transferred to the next department.
C) combined material and conversion costs are transferred to finished goods.
D) costs are transferred from department to department allowing for better controls in costs.

Question

Quizplus · Accepted Answer

In lean operations, costs are often combined and transferred as a single unit to finished goods, reducing the number of transactions needed compared to traditional methods where costs are tracked separately.

Accounting for Lean Operations Requires Fewer Transactions Because