Library Science · Library Budgeting techniques
Read the given Assertion (A) and Reason (R) and select the correct option: Assertion (A): Effective budgeting techniques help organizations like public or academic libraries achieve financial stability and optimal resource allocation. Reason (R): Zero-based budgeting requires a thorough justification of all financial expenses from scratch for each period, whereas incremental budgeting builds on previous allocations with minor percentage adjustments.
- 1(A) is false, but (R) is true.
- 2Both (A) and (R) are true, and (R) is the correct explanation of (A).✓
- 3(A) is true, but (R) is false.
- 4Both (A) and (R) are true, but (R) is not the correct explanation of (A).
Correct answer
Both (A) and (R) are true, and (R) is the correct explanation of (A).
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