Managerial Accounting (Looseleaf)
Managerial Accounting (Looseleaf)
7th Edition
ISBN: 9781260482935
Author: Wild
Publisher: MCG
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Chapter C, Problem 8DQ
To determine

Lean Business Model:

Lean Business Model is a strategic approach to business where the thrust is on eliminating wastes from the processes and products of the business without compromising on the satisfaction of customer needs.

Why does the lean accounting system do not use a separate raw material inventory accounts.

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