Lean Accounting Is a Set of Accounting Principles and Methods

question 35

True/False

Lean accounting is a set of accounting principles and methods designed to motivate continuous improvement.

---

Definitions:

Discretion

The freedom to decide what should be done in a particular situation, often used in legal and law enforcement contexts.

Probable Cause

A reasonable basis for believing that a crime may have been committed, which is used as a standard by law enforcement to obtain warrants for arrests and searches.

Motivated

Having a strong reason to act or accomplish something, being driven towards a goal or objective.