Which Statement Does NOT Accurately Describe Kaizen Costing

question 4

Multiple Choice

Which statement does NOT accurately describe kaizen costing?

• A) It tries to reduce both value-added and non-value-added costs.
• B) It is concerned with reducing the costs of existing products and processes.
• C) The kaizen standard reflects the planned improvement for the upcoming period.
• D) The cost reduction process is accomplished through the repetitive use of the kaizen cycle and the maintenance cycle.

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Definitions:

Spoils System

A practice where government jobs are given to political supporters and friends, often criticized for rewarding loyalty over merit.

Public Office

An elected or appointed position within the government where individuals are chosen to represent, govern, or administrate public policy and services.

Abraham Lincoln

The 16th President of the United States who served from 1861 to 1865 and led the country through the Civil War while abolishing slavery with the Emancipation Proclamation and the 13th Amendment.

Popular Sovereignty

The concept that a state and its government's power is established and maintained by the approval of its citizens, via their chosen representatives.