Which of the following cost-reduction and process-improvement techniques is often used in conjunction with target costing?
A) Linear programming.
B) Deterministic simulations.
C) Cost allocation.
D) Budgetary padding.
E) Value engineering.

Question

Quizplus · Accepted Answer

Value engineering is often used in conjunction with target costing as it focuses on improving the value of products by examining their functions and costs, aiming to achieve the target cost by reducing unnecessary expenses without sacrificing quality.

Which of the Following Cost-Reduction and Process-Improvement Techniques Is Often