Which of the Following Is Not a Characteristic of Lean

question 11

Multiple Choice

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

• A)Creates value streams.
• B)Eliminates waste.
• C)Does not compute individual product costs.
• D)Fails to trace actual costs to the value stream.
• E)Managers can dedicate resources to individual value streams.

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Definitions:

Critical Value

A location within the test distribution measured against the test statistic to determine the rejection of the null hypothesis.

Regression Slope Coefficient

A measure in regression analysis that quantifies the change in the dependent variable for a one unit change in an independent variable.

Confidence Interval

A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter with a certain level of confidence.

Y-Intercept

The point at which a line crosses the y-axis of a graph, representing the value of the dependent variable when all independent variables are zero.