At Furman Company, managers go through a lengthy budgeting process wherein each department manager is required to provide documentation justifying every expected expense. Furman uses ____ budgeting.
A) zero-base
B) cash
C) recurring
D) traditional
E) response

Question

Quizplus · Accepted Answer

The lengthy budgeting process and requirement for justification of every expected expense indicates the use of zero-base budgeting, where each expense is justified from scratch instead of just being adjusted from the previous year's budget.

At Furman Company, Managers Go Through a Lengthy Budgeting Process