What is emphasized by a company using kaizen costing?
A) reducing quality of inputs
B) increasing overhead costs
C) reducing non-value-added cost
D) reducing the number of employees

Question

Quizplus · Accepted Answer

Kaizen costing is a philosophy of continuous improvement that focuses on reducing non-value-added costs by eliminating waste, improving efficiency, and optimizing processes. It does not advocate for reducing the quality of inputs or the number of employees. While it may result in increased overhead costs initially due to the implementation of new processes, the ultimate goal is to reduce overall costs in the long run.

What Is Emphasized by a Company Using Kaizen Costing