Which of the following is true in regards to a lean accounting system?
A)The cost of people with specialized skills, such as industrial engineers, are allocated to all manufacturing cells based on an activity driver.
B)Workers are multiskilled and responsible for setting up equipment, maintaining equipment, and operating equipment.
C)Implementing a value stream system will require more workers.
D)Workers are highly skilled in one specialized area or activity and are not expected to spend time on other value-added activities.

Question

Quizplus · Accepted Answer

One of the main principles of a lean accounting system is having multiskilled workers who are responsible for multiple activities, such as setting up, maintaining, and operating equipment. This allows for a more efficient use of resources and reduces waste. Therefore, option B is true. Option A is incorrect because a lean accounting system aims to avoid allocating overhead costs based on arbitrary activity drivers and instead focuses on direct, value-added costs. Option C is incorrect because implementing a value stream system may actually result in fewer workers needed due to increased efficiency. Option D is incorrect as it contradicts the principle of having multiskilled workers.

Which of the Following Is True in Regards to a Lean