The correct answer is D. Kaizen budgeting.
Kaizen budgeting is a budgeting method that incorporates an improvement anticipated in budgeting period into budget numbers. It is a continuous improvement process that focuses on making small, incremental changes to improve efficiency and effectiveness. Kaizen budgeting is based on the idea that even small changes can add up to significant improvements over time.
The other options are incorrect.
- Anticipated budgeting is a budgeting method that uses historical data to project future expenses and revenues.
- Number budgeting is a budgeting method that uses a set of predetermined numbers to create a budget.
- Predict budgeting is a budgeting method that uses a combination of historical data and expert judgment to create a budget.
Kaizen budgeting is a more effective budgeting method than the other options because it takes into account the possibility of improvement. This makes it more likely that the budget will be accurate and achievable. Additionally, kaizen budgeting is a continuous improvement process, which means that it can be used to improve the budget over time.