41.A lean nonmanufacturing process can be accomplished by consolidating, in one area, all of the services provided toa customer. a.True b.False 42.In a lean system, the work in process and...







41.A lean nonmanufacturing process can be accomplished by consolidating, in one area, all of the services provided toa customer.



a.True



b.False







42.In a lean system, the work in process and raw materials inventory accounts are combined.



a.True



b.False







43.In a lean system, there are more transactions to record than there are in a traditional system.



a.True



b.False









44.In a lean system, there are fewer transactions to record than there are in a traditional system.



a.True



b.False







45.In a lean system, direct labor is included in conversion costs.



a.True



b.False







46.In a lean system, indirect labor is traced directly to product cells.



a.True



b.False







47.A backflush accounting system uses work in process inventories as control points between each process step.



a.True



b.False









48.Financial accounting information is used more often for long-term operating decisions and nonfinancial informationis used more often for day-to-day decisions.



a.True



b.False







49.Nonfinancial accounting information is used more often for long-term operating decisions than is financialinformation.



a.True



b.False











50.A nonfinancial measure is operating information that has
notbeen translated into dollars.



a.True



b.False











May 15, 2022
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