A budgeting approach that requires a cost centre to plan its expenditure specifically around the programs or projects conducted by the cost centre is known as:
A) Discrete budgeting
B) Kaizen budgeting
C) Flexible budgeting
D) Program budgeting

Question

Quizplus · Accepted Answer

Program budgeting is a budgeting approach that focuses on allocating funds based on specific programs or projects, requiring detailed planning and justification of expenditures directly related to the activities of the cost center.

A Budgeting Approach That Requires a Cost Centre to Plan