What is zero-base budgeting (ZBB)? How is ZBB implemented in practice?

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Quizplus · Accepted Answer

Feedback: Zero-base budgeting is a budgeting process that requires managers to prepare budgets from ground zero.A zero-base budgeting process allows no activities or functions to be included in the budget unless managers can justify the need for having them.Zero-base budgeting requires managers or budgeting teams to perform in-depth reviews and analyses of all budget items.

What Is Zero-Base Budgeting (ZBB)? How Is ZBB Implemented in Practice