Under which of the following types of budgeting must managers justify their budget requests each year as if prior information did not exist?
A) Activity-based
B) Participative
C) Zero-based
D) Flexible

Question

Quizplus · Accepted Answer

This type of budgeting is called zero-based budgeting, where managers need to justify each year's budget request starting from a zero base, without considering prior information, thereby increasing cost control and identifying unnecessary expenditures.

Under Which of the Following Types of Budgeting Must Managers