Which of the Following Is NOT True About Kaizen Standards

question 26

Multiple Choice

Which of the following is NOT true about Kaizen Standards?

• A)Kaizen standards are the standards used for continuous improvement.
• B)Kaizen standards are a currently attainable standard that reflects planned improvement.
• C)Kaizen standards are constantly changing.
• D)Kaizen standards are the standards used in traditional costing systems.

---

Definitions:

Desired Profit

The target profit a company aims to achieve, taking into account costs, pricing strategies, and market conditions.

Incremental Costs

The additional costs incurred when a business increases its level of activity or output, also known as marginal cost.

Additional Revenues

Income received that is over and above the main or expected sources of revenue for a business or an organization.

Direct Material

Raw materials that are directly attributable to the production of goods, essential in determining the cost of goods sold.