Kaizen Budgeting, Adapted from the Japanese, Provides That

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.