"Zero-based budgeting" is one example of the "minimum level approach" to budgeting.

Question

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Zero-based budgeting is a type of budgeting that requires each department to justify its entire budget from scratch, regardless of past spending levels. This approach is a type of "minimum level approach" because it requires each expense to be justified as necessary rather than assuming that past expenses are automatically budgeted for the next year.

"Zero-Based Budgeting" Is One Example of the "Minimum Level Approach