Which of the following does NOT describe kaizen costing?
A)It is concerned with reducing the costs of existing products and processes.
B)It tries to reduce both value-added and non-value-added costs.
C)The cost reduction process is accomplished through the repetitive use of the kaizen cycle and the maintenance cycle.
D)The kaizen standard reflects the planned improvement for the upcoming period.

Question

Quizplus · Accepted Answer

Kaizen costing only focuses on reducing non-value-added costs while maintaining or improving value-added costs. It does not try to reduce both types of costs.

Which of the Following Does NOT Describe Kaizen Costing