Which of the following results in fewer transactions in lean accounting?
A) all manufacturing costs are combined in one account called Raw and In Process Inventory.
B) the distinction between direct and indirect costs is eliminated.
C) there is less movement of inventory between departments.
D) All of the above.

Question

Quizplus · Accepted Answer

Lean accounting aims to reduce waste and simplify accounting processes. Combining manufacturing costs into one account, eliminating the distinction between direct and indirect costs, and reducing inventory movement all contribute to fewer transactions, aligning with lean principles.

Which of the Following Results in Fewer Transactions in Lean