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What is Zero Based Budgeting?

Answer Posted / devipriya biswal

zero based budgeting starts from 'scratch' where in each
unit of expenditure needs to be justified for its
existence/continuance for each financial year.Prior
existence of any scheme does not ensure continuance of the
same in the next financial year.In other words each scheme
begins from zero base level.

Is This Answer Correct ?    24 Yes 7 No



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