Which of the following budget approaches begins each year at $0 and each individual budget item must be justified?
A)Dollar value-based budgeting
B)Governmental-based budgeting
C)Justification-based budgeting
D)Zero-based budgeting

Question

Quizplus · Accepted Answer

Zero-based budgeting begins each year at $0 and requires each individual budget item to be justified, regardless of whether the item was included in the previous year's budget. This approach encourages organizations to carefully evaluate their entire budget and prioritize spending based on current needs and circumstances.

Which of the Following Budget Approaches Begins Each Year at $0