Which of the Following Results in Fewer Transactions in Lean

question 96

Multiple Choice

Which of the following results in fewer transactions in lean accounting?

• A) all manufacturing costs are combined in one account called Raw and In Process Inventory.
• B) the distinction between direct and indirect costs is eliminated.
• C) there is less movement of inventory between departments.
• D) All of the above.

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Definitions:

Assigned Donees

Individuals or entities designated to receive specific gifts or donations.

Donee Beneficiary

In contract law, a third party who benefits from a contract between two other parties, particularly when the benefit was intended as a gift.

Promisee

The person to whom a promise or commitment is made, especially in the context of a contractual agreement.

Promisor

An individual or entity that makes a promise or agreement to perform a specified action in a contract.