{"id":48557,"date":"2024-04-15T22:43:00","date_gmt":"2024-04-15T22:43:00","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=48557"},"modified":"2024-04-15T22:43:00","modified_gmt":"2024-04-15T22:43:00","slug":"kaizen-costing-is-applied-to-a-product-that-is","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/kaizen-costing-is-applied-to-a-product-that-is\/","title":{"rendered":"Kaizen costing is applied to a product that is"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;produced&#8221; option2=&#8221;under production&#8221; option3=&#8221;targeted to produce&#8221; option4=&#8221;sold to customer&#8221; correct=&#8221;option1&#8243;]<!--more--><\/p>\n<p>The correct answer is A. produced.<\/p>\n<p>Kaizen costing is a cost accounting method that focuses on continuous improvement. It is applied to a product that is already in production, with the goal of reducing costs over time. This is done by identifying and eliminating waste, and by improving efficiency.<\/p>\n<p>Option B, under production, is incorrect because kaizen costing is not applied to products that are still in the production process. Option C, targeted to produce, is incorrect because kaizen costing is not applied to products that are only planned to be produced. Option D, sold to customer, is incorrect because kaizen costing is not applied to products that have already been sold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;produced&#8221; option2=&#8221;under production&#8221; option3=&#8221;targeted to produce&#8221; option4=&#8221;sold to customer&#8221; correct=&#8221;option1&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[952],"tags":[],"class_list":["post-48557","post","type-post","status-publish","format-standard","hentry","category-costing","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kaizen costing is applied to a product that is<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/kaizen-costing-is-applied-to-a-product-that-is\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaizen costing is applied to a product that is\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;produced&#8221; 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