Science · Library Budgeting
Which system of budgeting does not take past expenditure into account but justifies every item from scratch based on current activities?
- 1Formula Budgeting
- 2Performance Budgeting
- 3Zero-Based Budgeting (ZBB)✓
- 4Planning Programming Budgeting System (PPBS)
Correct answer
Zero-Based Budgeting (ZBB)
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