In kaizen costing,each period's Kaizen standard is based on prior periods' improvement,thereby locking in these improvements.

Question

Quizplus · Accepted Answer

In kaizen costing, the focus is on continuous improvement and each period's Kaizen standard is based on prior periods' improvement. This helps to lock in the improvements made in earlier periods, making them sustainable and building upon them to achieve even greater cost savings and efficiency improvements over time. Therefore, the statement is true.

In Kaizen Costing,each Period's Kaizen Standard Is Based on Prior