Q360
Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as
A.
economic accounting
B.
back-flush accounting
C.
lean accounting
AnswerD.
lead accounting
Answer: Option C
Solution
Answer: Option C
Solution:
Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as lean accounting. Lean accounting is a financial management approach that supports the streamlined processes of lean manufacturing.