In a traditional incremental approach to budgeting, there is usually the assumption that the previous year's budget is used as a starting point.

Question

Quizplus · Accepted Answer

A traditional incremental approach to budgeting involves using the previous year's budget as a basis for setting the current year's budget. This method is based on the assumption that the previous year's budget is already an appropriate baseline for estimating budgets for the current year.

In a Traditional Incremental Approach to Budgeting, There Is Usually