Economics · Budgeting
Which budgeting approach requires a manager to justify all activities and expenditures as if they were being undertaken for the first time, regardless of past spending levels?
- 1Incremental Budgeting
- 2Rolling Budgeting
- 3Zero-Based Budgeting (ZBB)✓
- 4Flexible Budgeting
Correct answer
Zero-Based Budgeting (ZBB)
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