Zero based budgeting requires managers to justify budgeted expenditure as if no information about budgets or costs from prior budget cycles was available.

Name: Zero based budgeting requires managers to justify budgeted expenditure as if no information about budgets or costs from prior budget cycles was available.
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Question

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Zero-based budgeting involves starting from a "zero base" and justifying every expense, rather than starting with previous budget numbers and adjusting.

Zero Based Budgeting Requires Managers to Justify Budgeted Expenditure as If