When a manager is asked to justify a new budget proposal on the basis of projected activities

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When a manager is asked to justify a new budget proposal on the basis of projected activities rather than past practices, this is an example of __________budgeting.

(a) zero-based

(b) variable

(c) fixed

(d) contingency

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Management

ISBN: 9781119323990

4th Canadian Edition

Authors: Barry Wright, Daniel G. Bachrach, John R. Schermerhorn

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Question Posted: Feb 18, 2024 07:00 AM

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When a manager is asked to justify a new budget proposal on the basis of projected activities

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ZeroBased Budgeting Zerobased budgeting is a method of budgeting where all expenses must be justified for each new period rather than basing the budge...View the full answer

Management

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