Zero-based budgeting is particularly useful when:
A) Economic conditions are difficult.
B) There is significant and rapid technological change.
C) There is a high turnover of staff.
D) A and B

Question

Quizplus · Accepted Answer

Zero-based budgeting is especially useful in scenarios where economic conditions are challenging, necessitating a thorough review of expenses and justifications for all budget items. It is also beneficial when there is significant and rapid technological change, as it allows organizations to adapt their budgets to incorporate new technologies and discontinue outdated expenditures.

Zero-Based Budgeting Is Particularly Useful When