badari


{ City } hyderabad
< Country > india
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Questions / { badari }
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please describe any significant learning experience and major contribution made by you during your tenure so far?

 1 Marketing Sales 7260



Answers / { badari }

Question { Capital IQ, 9709 }

what is zero base budgeting


Answer

A method of budgeting in which all expenses must be
justified for each new period. Zero-based budgeting starts
from a "zero base" and every function within an organization
is analyzed for its needs and costs. Budgets are then built
around what is needed for the upcoming period, regardless of
whether the budget is higher or lower than the previous one.

Is This Answer Correct ?    31 Yes 3 No