A zero-based budget is a budget that is continuously updated so that the next 12 months of operations are always budgeted.

Name: A zero-based budget is a budget that is continuously updated so that the next 12 months of operations are always budgeted.
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Question

Quizplus · Accepted Answer

A zero-based budget is a method where all expenses must be justified for each new period, starting from a "zero base," rather than being continuously updated for the next 12 months.

A Zero-Based Budget Is a Budget That Is Continuously Updated