August 4, 2022
zero based budgeting and mention its stages Define
economicsadminQuestion : Define zero based budgeting and mention its stages. Answer : In this type of budget , the budget of each year is started from zero basis. It means each year the budgeting starts from zero level or starting to zero for developing new budget every year is called zero based budgeting. That is , the allocated resources of previous years and their results have no effect on the current year. It means each year starts from the zero or new starting point , previous year data does not […]
