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A banking institution is adopting Lean accounting principles. Requirements: Calculate the Cost per Transaction for a banking process that handles 10,000 transactions per month with
- A banking institution is adopting Lean accounting principles.
- Requirements:
- Calculate the Cost per Transaction for a banking process that handles 10,000 transactions per month with total costs of $50,000.
- Recommend methods to reduce the Cost per Transaction.
- Explain how reducing the Cost per Transaction supports Lean accounting in financial services.
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan K. Wolcott
2nd Edition
978-0-470-7694, 0470769424, 978-0470769423
