Which of the Following Is a Characteristic of a Lean

question 83

Multiple Choice

Which of the following is a characteristic of a lean accounting system?

• A)fewer work in process account transactions
• B)work in process and raw materials accounts combined
• C)elimination of the direct labor account
• D)all of these choices

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Definitions:

Employees' Time

The hours workers spend on job-related activities, including both productive work and periods of availability.

Forecasting

The process of making predictions about future events or trends, often based on historical data and analysis.

Informal

Characterized by a relaxed, friendly, or unofficial style, manner, or nature.