Relationship between Budgeting and the Costing Methods. Forums › ACCA Forums › ACCA PM Performance Management Forums › Relationship between Budgeting and the Costing Methods. This topic has 0 replies, 1 voice, and was last updated 11 years ago by Taufiq Suhamin. Viewing 1 post (of 1 total) Author Posts May 9, 2015 at 3:23 am #244863 Taufiq SuhaminMember Topics: 5Replies: 0☆ Can anyone briefly explain to me to what extent an effective budgeting system is able to complement the implementation of Target Costing and Life Cycle Costing. Regards Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In