Topical Terminology > Kaizen Budgeting
1 Definition
Kaizen Budgeting
For Kaizen Budgeting we have a term and definition in Accounting.
Kaizen Budgeting (Accounting) 
is a budgeting approach that projects costs on the basis of future improvementsrather than current practices and methods. The key point is that the budget cannot be achieved unless improvements are made.
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