Kaizen costing is consistent with:
A)cost reduction.
B)continuous improvement.
C)poor quality.
D)financial accounting and income statements.
E)both choices "A" and "B" abovE.

Question

Quizplus · Accepted Answer

Kaizen costing is a strategy for continuous improvement and cost reduction in a company's operations. Therefore, the correct choices are A and B. Poor quality is not consistent with kaizen costing, as its goal is to improve quality as well as reduce costs. Financial accounting and income statements are not directly related to kaizen costing, as it focuses on improving processes rather than financial reporting.

Kaizen Costing Is Consistent With