What is the purpose of trend reporting on non-value-added costs?
A)tracing resources to cost objectives
B)assessing value content
C)defining root causes
D)seeing if cost reductions occurred as expected

Question

Quizplus · Accepted Answer

Trend reporting on non-value-added costs is done to see if cost reductions occurred as expected. Trend reporting involves analyzing data over a period of time to identify patterns or trends, leading to insights that can be used to make informed decisions. By comparing the reduction in non-value-added costs over a period of time, organizations can assess whether their cost reduction efforts are on track or whether any corrective action is required.

What Is the Purpose of Trend Reporting on Non-Value-Added Costs