The core principle of zero-based budgeting is that every program or expense must be re-evaluated and justified from zero, as if it were a new expenditure, for each budget period. This contrasts with traditional budgeting, which often uses the previous year's budget as a baseline.
Which of the following is true about zero- based budgeting?
Asked in ARO GS 252022 74 2024 · Topic: Planning (Meaning and Scope of Economic Planning)
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