What feature differentiates Kaizen budgeting from other forms of budgeting?
A) It is used for products with decreasing prices over time
B) It is used only for products made in Japan
C) It is used for products with decreasing quality over time
D) It is normally found in companies also using zero-based budgeting

Question

Quizplus · Accepted Answer

Kaizen budgeting focuses on continuous improvement and cost reduction, which is particularly relevant for products that experience price decreases over time, necessitating ongoing efficiency improvements to maintain profitability.

What Feature Differentiates Kaizen Budgeting from Other Forms of Budgeting