Over the years, alternative approaches to traditional budgeting practices have been proposed to facilitate budget preparation and usefulness.First, define what is meant by the term "traditional budgeting." Next, compare and contrast the following alternative budgeting approaches to a traditional budgeting process: Zero Base Budgeting (ZBB); Activity-Based Budgeting (ABB); Time-Driven ABB; and, kaizen budgeting.

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The Answer of Over the years, alternative approaches to traditional budgeting practices have been proposed to facilitate budget preparation and usefulness.First, define what is meant by the term "traditional budgeting." Next, compare and contrast the following alternative budgeting approaches to a traditional budgeting process: Zero Base Budgeting (ZBB); Activity-Based Budgeting (ABB); Time-Driven ABB; and, kaizen budgeting.

Over the Years, Alternative Approaches to Traditional Budgeting Practices Have