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Which of the following is NOT a step in the methodology for improving performance under the theory of constraints?
GAAP Hierarchy
A framework that categorizes the importance and authority of different accounting principles and guidelines in the U.S. Generally Accepted Accounting Principles (GAAP).
Valuation Method
Techniques or approaches used to determine the market value of assets, businesses, or financial instruments.
Historical Costs
The original monetary value of an asset or liability, without adjusting for inflation or changes in market value.
Economic Resources
Assets owned by businesses or individuals that have the ability to produce value or generate income in the future.
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