General Studies · Financial Management
Which of the following are the salient features of Zero-Base Budgeting (ZBB)? A. It is a decision-oriented approach. B. The decision unit is broken into understandable decision packages which are ranked according to importance. C. The responsibility is shifted from top management to the manager of the decision unit. D. It is an accounting-oriented approach. E. Top management decides why a particular amount of money should be spent on a particular decision unit. Choose the correct answer from the options given below:
- 1D and E only
- 2C, D and E only
- 3A and B only
- 4A, B and C only✓
Correct answer
A, B and C only
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