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Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as

A. economic accounting

B. back-flush accounting

C. lean accounting

D. lead accounting

Answer: Option C

Solution(By Examveda Team)

Method of costing that supports creation of value for customer by accounting whole value stream, rather than individual departments or products is classified as lean accounting. Lean accounting is a financial management approach that supports the streamlined processes of lean manufacturing.

This Question Belongs to Commerce >> Costing

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