Question: Q16-1: Zero based budgeting is a technique where a department: Question options: .the difference between budget and actual results will be zero .prepares a budget

Q16-1: Zero based budgeting is a technique where a department: Question options:

.the difference between budget and actual results will be zero

.prepares a budget after taking into account current expenditure and an allowance for the next periods expenditure

.is required to make a case for its budget as if its activities were new

.prepares budgets on the basis of no increase in unit costs from the previous period.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!