Kaizen Budgeting, Adapted from the Japanese, Provides That

question 53

Multiple Choice

Kaizen budgeting, adapted from the Japanese, provides that

• A)activity costs are budgeted based on current practices, methods, and costs.
• B)continuous budgeting methods are employed.
• C)target pricing is key to budget preparation.
• D)continuous improvements are incorporated into the budget.
• E)a rolling budget is employed to keep a handle on management.

---

Definitions:

Behavior And Consciousness

Refers to the study of how actions (behavior) are influenced by or related to one's awareness and thought processes (consciousness).

Stream Of Consciousness

A narrative mode that attempts to capture the flow of thoughts and feelings running through the mind.

Functionalists

A perspective in sociology and psychology that emphasizes the importance of understanding the purpose or function of behavior and social institutions.

Organism

A living entity capable of growth, reproduction, and response to stimuli.