Economics · Financial Management and Budgeting
Zero-Based Budgeting (ZBB) is used in organizations where:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A fixed percentage is added to the previous year's expenditure
- 2Operations have to be evaluated afresh from a zero base✓
- 3The trend of sales is the primary indicator
- 4The past three years' financial reports form the base
Correct answer
Operations have to be evaluated afresh from a zero base
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Financial Management and Budgeting MCQs →Want more practice questions on Financial Management and Budgeting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Financial Management and Budgeting