Kaizen Budgeting Allows for Budgeting of Small Incremental Increases in Costs

question 197

True/False

Kaizen budgeting allows for budgeting of small incremental increases in costs each budgeting period to adjust for the effects of normal inflation.

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Definitions:

Sublimation

A defense mechanism in which socially unacceptable impulses are transformed into socially acceptable actions or behaviors.

Displacement

A defense mechanism where an individual shifts negative feelings from the original source of distress to a less threatening person or object.

Regression

A defense mechanism leading an individual to revert to a less mature state of mental development in response to stress or conflict.

Repression

A defense mechanism where distressing thoughts, memories, or impulses are excluded from conscious awareness.