Lean Accounting Is Based on the Philosophy

question 15

Multiple Choice

Lean accounting is based on the philosophy

• A) that there should be a complete employee-focused approach in the organisation
• B) that there should be a complete shareholder-focused approach in the organisation
• C) that there should be a complete customer-focused approach in the organisation
• D) that there should be a complete management-focused approach in the organisation

---

Definitions:

U.S. Treasury

The federal department responsible for managing government revenue, issuing currency, and executing fiscal policy in the United States.

Money Market Instrument

Short-term financial instruments that include treasury bills, commercial paper, and certificates of deposit, typically with high liquidity and low risk.

Government Bonds

Bonds issued by the U.S. Department of the Treasury.

U.S. Department of Treasury

A cabinet-level department of the federal government responsible for managing government revenue, producing currency, and implementing fiscal policies.