Question
In Zero-Based Budgeting (ZBB), the budget for each
activity is:Solution
ZBB requires that every expense be justified anew, without assuming continuity of past budgets. It ensures optimum resource allocation. Mr. A has the following incomes during the year: • Income from Salary: ₹4,00,000 • Income from House Property (net after deductions): ₹1,00,000 • Profit from Business: ₹2,00,000 • Income from Capital Gains: ₹50,000 • Income from Other Sources: ₹25,000
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Select the option that is related to the fifth term in the same way as the second term is related to the first term and the fourth term is related to th...
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1. Magical
2. M...
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