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    Business
  3. Study Set
    Managerial Accounting
  4. Exam
    Exam 13: Emerging Topics in Managerial Accounting: Sustainability, Quality Cost, Lean Accounting, International Issues, Enterprise Risk Management, the Managerial Accountant in Forensicfraud Accounting
  5. Question
    ​The Lean Control System Replaces the Traditional Standard Costing Approach
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​The Lean Control System Replaces the Traditional Standard Costing Approach

Question 32

Question 32

True/False

​The lean control system replaces the traditional standard costing approach with a Box Scorecard that compares operational, capacity, and financial metrics with prior week performances and with a future desired state.

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