Which of the Following Statements Best Defines Lean Accounting

Multiple Choice

Which of the following statements best defines lean accounting?

A) an accounting system that comprises a single database that collects data and feeds it into software applications supporting all of a company's business activities
B) a costing method that supports creating value for the customer by costing the entire value stream thereby eliminating waste in the accounting process
C) an accounting system that omits recording some of the journal entries relating to the stages from the purchase of direct materials to the sale of finished goods
D) an integrated costing system covering a company's accounting, distribution, manufacturing, purchasing, human resources, and other functions