Question
A budget that starts with the assumption that all
departmental budgets are zero and requires justification for every expense is known as:Solution
Zero-Based Budgeting (ZBB) is a method where each new budget period starts from a "zero base." Every function within an organization is analyzed for its needs and costs, and budgets are built around what is needed for the upcoming period, regardless of whether the budget is higher or lower than the previous one.
An insurance company enters into an agreement with another insurer to transfer a portion of its risk portfolio relating to catastrophic losses. This agr...
FIPB stands for:
As per taxation terminology, Income of a particular year is taxable in the immediately following year. Immediate following year is called as ………�...
Section 6 of the Negotiable Instrument Act, refers to:
Supply of goods packed and transported with insurance. This is a..........
How to verify that while sending confidential information over the Internet such as usernames, passwords, or credit card numbers, sent data is encrypted
Opening Stock ₹ 17,000
Purchases ₹ 61,400
Direct Expenses �...
The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
What is Government e-Marketplace (GeM)?
Which of the following items cannot normally be reduced to generate short-term internal funds for a company?
