Which of the Following Is Not a Characteristic of a Lean

question 106

Multiple Choice

Which of the following is not a characteristic of a lean accounting system?

• A) Calculated costs are used in setting product prices.
• B) Reporting is done frequently (often weekly, or even daily).
• C) Product aggregation—product costs are determined at the value-stream level.
• D) Use of average costs for products in each value stream.
• E) Includes, in the form of box score report, nonfinancial as well as financial performance results.

---

Definitions:

External Monitoring

The process of keeping watch over the environment outside an organization to identify opportunities and threats.

Competitive

Characterized by or showing a strong desire to be more successful than others.

Operating Procedures

Standardized methods and processes designed to consistently carry out day-to-day tasks and operations.

Management Programs

Structured plans and initiatives implemented within an organization to achieve specific operational, tactical, or strategic objectives.