The cost reduction objective is the difference between:
A) the target cost and the current cost.
B) the target profit and the target cost.
C) the target selling price and the current cost.
D) the current cost and the target profit.

Question

Quizplus · Accepted Answer

The cost reduction objective is focused on reducing the current cost to reach a target cost. Therefore, the difference between the target cost and the current cost is the cost reduction objective.

The Cost Reduction Objective Is the Difference Between