BEC Strategic Planning review 1

A ----------------- is a quantitative expression of the objectives and goals of an enterprise.

------------------- compels management planning, provides definite expectations that are an objective framework for judging subsequent performance and promotes communication and coordination among the various segments of the enterprise.

What is a Zero Based Budget?

A --------------------Budget is a budget developed with scrutiny of every proposed expenditure.

What is a Kaizen Budget?

A ----------------- Budget is a budget that incorporates continuous improvement goals.

What is a rolling budget?

As budget that as one quarter or year is removed from a ---------------- budget the information for the next month quarter or year is added.

What is a master budget?

a ------------------- budget represents a comprehensive plan for the overall activities of the enterprise.