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Which of the following techniques are used for continuous improvement?
Controlling Costs
The process of planning, monitoring, and managing expenses to ensure they don't exceed budgeted amounts.
Budgeted Costs
Estimated expenses planned for a specific period, used for financial planning and monitoring.
Investment Center Managers
Managers responsible for a business unit that directly impacts both revenue and costs, and therefore, the unit's profitability.
Investment Center Assets
Resources and assets managed within a business segment or division that is responsible for its own revenues, expenses, and investments, allowing for performance measurement.
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