When a project or activity is budgeted in each new budget cycle as if it were brand new, a(n) __________ budgeting approach is being used.
A) flexible
B) operational
C) contingency
D) zero-based
E) fixed

Question

Quizplus · Accepted Answer

Zero-based budgeting is the approach where every project or activity is reviewed and budgeted from the ground up as if it were new in each budget cycle, without reference to previous budgets.

When a Project or Activity Is Budgeted in Each New