Question: Why do most retailers use incremental over zero - based budget processes? Responses Zero - based budgeting is harder and more time - consuming to
Why do most retailers use incremental over zerobased budget processes?
Responses
Zerobased budgeting is harder and more timeconsuming to document.
Zerobased budgeting is harder and more timeconsuming to document.
Incremental budgeting requires no documentation as it is all done in realtime.
Incremental budgeting requires no documentation as it is all done in realtime.
Incremental budgeting documents results closely and adjustments are made to future plans on a more timely and realistic basis.
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