Zero-base budgeting is a form of
A)Incremental budgeting introduced in the 1960s.
B)Program budgeting introduced in the 1970s.
C)Performance budgeting introduced in the 1980s.
D)Traditional budgeting revamped for the new millennium.

Question

Quizplus · Accepted Answer

Zero-base budgeting is a form of program budgeting introduced in the 1970s. It differs from traditional budgeting by requiring justification for every expense, rather than simply adjusting previous budgets. Incremental budgeting was introduced earlier, in the 1960s. Performance budgeting was not directly related to the development of zero-base budgeting.

Zero-Base Budgeting Is a Form of