Question: Zero based budgeting involves None of the listed answers are correct Continuous Improvement Allowing no increase in unit costs from the previous year's budget -
"Zero based" budgeting involves
None of the listed answers are correct
Continuous Improvement
Allowing no increase in unit costs from the previous year's budget thus it is a form of cost control
Building a budget using historical & actual results
All of the listed answers are correct
Allowing no increase in variable costs from the previous year's budget thus it is a form of cost control
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