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

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Definitions:

Technical

Relating to or involving the practical application of scientific knowledge, especially in industrial or mechanical fields.

Organizational

Pertaining to the structure, behavior, and dynamics of organizations, including businesses and institutions.

Tacit Knowledge

Knowledge that is difficult to transfer to another person by writing it down or verbalizing it, often gained through personal experience.

Job Knowledge

The understanding and information a person possesses regarding their job duties, responsibilities, and the necessary skills for performance.