Please answer the following questionquestion 1 what is lean, Ask an Expert

Accounting

Please answer the following question:

Question 1: What is lean accounting?

Question 2: What are some advantages, and disadvantages?

Question 3: What is some issues accountants face when switching to a lean manufacturing system?

Question 4: How does lean manufacturing reduces scrap, waste, and spoilage and how the accounting in these companies reflects the increased vigilance in preventing scrap, waste, and spoilage.

Question 5: Are there any downsides to enacting lean manufacturing from an accounting standpoint?

Note: Please show how you came up with the solution.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91165503

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