In many popular publications, the terms “lean accounting” and “lean manufacturing” are used periodically.
a. Research “lean manufacturing” and find out what concepts are conveyed by the term. How does lean manufacturing overlap with, and how is it different from, IPP?
b. Research “lean accounting” and find out what concepts are conveyed by the term. Compare and contrast what you find in Table 15.1 (Summary of Trends in Cost Management/Cost Accounting, pg. 567).
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