Economics · Budgeting Systems
Which of the following represents the correct chronological evolution of budgetary systems?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Performance Budgeting → Planning-Programming-Budgeting System (PPBS) → Zero-Based Budgeting → Top-Down Budgeting✓
- 2Zero-Based Budgeting → Performance Budgeting → Planning-Programming-Budgeting System (PPBS) → Top-Down Budgeting
- 3Top-Down Budgeting → Performance Budgeting → Zero-Based Budgeting → Planning-Programming-Budgeting System (PPBS)
- 4Planning-Programming-Budgeting System (PPBS) → Performance Budgeting → Zero-Based Budgeting → Top-Down Budgeting
Correct answer
Performance Budgeting → Planning-Programming-Budgeting System (PPBS) → Zero-Based Budgeting → Top-Down Budgeting
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