Question discussion

A department prepares next year's budget by requiring every activity to be justified afresh from zero, instead of adding a percentage to la…

2733Hard UPSC Principal Vice Principal 0 replies 1 views

A department prepares next year's budget by requiring every activity to be justified afresh from zero, instead of adding a percentage to last year's expenditure. This approach is known as:

AIncremental budgeting
BPerformance budgeting
CZero-based budgeting
DOutcome budgeting

Correct answer: C

Explanation

Zero-based budgeting starts from a zero base and requires justification of every programme.

Join the discussion Report an error

Discussion 0

Nobody has replied yet. Start the discussion!