Kaizen costing is consistent with:
A)cost reduction.
B)poor product quality.
C)financial accounting and income statements.
D)just-in-time production.
E)cost reduction and product quality.

Question

Quizplus · Accepted Answer

Kaizen costing is a method for continuously improving both cost reduction and product quality. It is based on the philosophy of continuous improvement, where small changes are made on a regular basis to achieve better results in terms of cost and quality. Therefore, the best choice is E, which includes both cost reduction and product quality. The other choices do not accurately reflect the purpose of Kaizen costing.

Kaizen Costing Is Consistent With