Which One of the Following Choices Represents Alternatives to Traditional

question 76

Multiple Choice

Which one of the following choices represents alternatives to traditional budgeting approaches?

• A) Volume-based budgeting and zero-base budgeting (ZBB).
• B) Activity-based budgeting (ABB) and volume-based budgeting.
• C) Kaizen budgeting and volume-based budgeting.
• D) Activity-based budgeting (ABB), kaizen budgeting, and zero-base budgeting (ZBB).
• E) Activity-based budgeting (ABB), kaizen budgeting, and volume-based budgeting.

---

Definitions:

Merchant Seller

A business or individual that sells goods to consumers in the course of their trade or business.

Nonmerchant Buyer

An individual or entity that purchases goods but does not regularly deal in goods of that kind, thus lacking certain protections and obligations under commercial law.

Risk of Loss

A legal term denoting the liability for damage to goods in a sales contract, determining who bears the risk if the goods are damaged or lost.

Merchant

A person who deals in goods of the kind sold in the ordinary course of business or who otherwise claims to have knowledge or skills peculiar to those goods.