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Which of the following statements about Kaizen costing is false? a) cost reduction targets are set and applied on an annual basis b) cost reductions
Which of the following statements about Kaizen costing is false?
a) cost reduction targets are set and applied on an annual basis
b) cost reductions apply to all variable costs
c) workers are assumed to have the best knowledge to improve processes and reduce costs
d) cost-variance analysis compares target kaizen costs with actual cost reduction amounts
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