All of the following are problems with traditional accounting information except:
A) Managers in a lean setting require immediate information.
B) The measurement principle tends to ignore standards other than money.
C) Standard costing motivates nonlean behavior in operations.
D) The overhead component in a manufacturing company is usually very large.
E) All of the above are problems associated with traditional accounting information.

Question

Quizplus · Accepted Answer

Traditional accounting information is often criticized for being too slow, too focused on financial measures, and not relevant to the needs of managers in a lean setting. Standard costing can also motivate nonlean behavior in operations, and the overhead component in a manufacturing company is usually very large.

All of the Following Are Problems with Traditional Accounting Information