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    Financial and Managerial Accounting Study Set 1
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    Exam 14: Managerial Accounting Concepts and Principles
  5. Question
    A Management Concept That Seeks to Uncover and Eliminate Waste
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A Management Concept That Seeks to Uncover and Eliminate Waste

Question 206

Question 206

Multiple Choice

A management concept that seeks to uncover and eliminate waste in business activities is called:


A) Continuous operations.
B) Customer orientation.
C) Just-in-time.
D) Theory of constraints.
E) Lean business model.

Correct Answer:

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