The significant feature of Kaizen Budgeting is __________?
Correct answer: A. employee suggestion
- A. employee suggestion
- B. customer suggestion
- C. cost suggestion
- D. price suggestion
Explanation
Kaizen budgeting emphasizes continuous, small cost improvements, with employees suggesting practical ways to reduce waste and improve processes. Customer, price, and generic cost suggestions are not its defining feature.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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