Which of the following pertains to a lean company?
A)An individual does fewer tasks than under a traditional production system.
B)Product costs attached to units are tracked as units move through production.
C)Rather than many individual journal entries,summary journal entries are made when units are completed.
D)Units are produced in larger batches than under a traditional production system.

Question

Quizplus · Accepted Answer

Lean companies often use summary journal entries to streamline accounting processes, reflecting the efficiency and waste reduction principles of lean production.

Which of the Following Pertains to a Lean Company