If the total quality management approach is employed to determine the level at which budgeted amounts are set,then absolute efficiency is assumed.

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Total quality management (TQM) is a management approach that focuses on continuous improvement of processes and products. It assumes that all employees are responsible for quality and that the goal is to eliminate defects. When TQM is employed to determine the level at which budgeted amounts are set, it is assumed that the budget will be set at the most efficient level possible. This is because TQM seeks to eliminate waste and inefficiency, and it assumes that the budget will be set at the level that will allow the organization to achieve its goals with the least amount of resources.

If the Total Quality Management Approach Is Employed to Determine