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Why is the attorney-client privilege extended to others working for the attorney?
Lean Accounting
An accounting system characterized by fewer transactions, combined accounts, nonfinancial performance measures, and direct tracing of overhead.
Conversion Costs Account
An accounting term that combines direct labor and overhead costs associated with transforming raw materials into finished goods.
Direct Labor
Labor costs that can be directly traced to the production of specific goods or services, unlike indirect labor costs which cannot be directly linked to production.
Long Lead Times
Extended periods required to manufacture a product or complete a process, often causing delays in production or output.
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