General Studies · Financial Management
Which of the following is TRUE about Zero-Based Budgeting (ZBB)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is started completely from scratch for every new period.✓
- 2It is strictly cost-accounting oriented.
- 3It is heavily based on the previous year's baseline budget.
- 4It offers less clarity and responsiveness compared to traditional budgeting.
Correct answer
It is started completely from scratch for every new period.
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