All the Statements Below Are True Regarding Kaizen Costing EXCEPT

Multiple Choice

All the statements below are true regarding Kaizen costing EXCEPT that:

A) cost-variance analysis compares target Kaizen costs with actual cost reduction amounts.
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 reduction targets are set and applied on an annual basis.