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    Cost Accounting Study Set 1
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    Exam 20: Inventory Management, Just-In-Time, and Simplified Costing Methods
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    Lean Accounting Is a Costing Method That Supports Creating Value
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Lean Accounting Is a Costing Method That Supports Creating Value

Question 21

Question 21

True/False

Lean accounting is a costing method that supports creating value for the customer by costing the entire value stream, NOT individual products or departments, thereby eliminating waste in the accounting process.

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