Which one of the following is a budgeting approach that explicitly demands continuous improvement and that incorporates expected improvements in the resultant budget?

Question

Quizplus · Accepted Answer

Kaizen budgeting is a budgeting approach that explicitly demands continuous improvement and that incorporates expected improvements in the resultant budget. It focuses on continuous improvement and the process of improving efficiency and reducing waste. The other options also have their respective focuses and methodologies but do not incorporate the aspect of continuous improvement as explicitly as Kaizen budgeting.

Which One of the Following Is a Budgeting Approach That