Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as

Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as Correct Answer lean accounting

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.

Related Questions

In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as
Costing system, which is a combination of process costing and job costing system is classified as
In an accounting system, document which supports journal entries is classified as
A costing system, which focuses on individual activities as particular cost object is classified as