The Lean Method Involves Which of the Following Steps

question 2

Multiple Choice

The lean method involves which of the following steps?

• A)Opportunity identification and value proposition
• B)Design thinking and prototype
• C)Validation,business model and lean business plan
• D)All of these choices

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Definitions:

Payment of a Voucher

The process of issuing money in return for a voucher that proves an expense has been incurred.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement.

Outstanding Checks

Checks that have been written and recorded in the issuing account but have not yet been cashed or cleared by the bank.

Company's Accounts

Financial records that detail the financial transactions, assets, liabilities, and equity of a company.