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.

---

Definitions:

Future Cash Inflows

Projected future earnings or receipts in cash form, anticipated from investments, operations, or financing.

Cash Outflows

Money paid out by a business for its operational and investment activities.

Straight-Line Depreciation

A method of calculating the depreciation of an asset which assumes the asset will lose an equal amount of value each year over its useful life.

Payback Period

The amount of time it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.