Answer-Zero-Based Budgeting (ZBB) requires:

Unlike traditional budgeting which starts with the previous years budget as a base, Zero-Based Budgeting requires managers to justify all expenditures for each new period, starting from a zero base. Every function is analyzed for its needs and costs.

Question

Zero-Based Budgeting (ZBB)

requires:

A Adjusting the previous year's budget for inflation

B Justifying every rupee of expenditure from scratch

C Preparing a budget with zero deficit

D Allocating resources based on historical trends

E Focusing only on capital expenditures

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Zero-Based Budgeting (ZBB)

Solution