When a project or activity is budgeted in each new budget period as if it were brand new,an)__________ budgeting approach is being used.
A)Fixed.
B)Flexible.
C)Zero-based.
D)Contingency.
E)Operational.

Question

Quizplus · Accepted Answer

This describes the zero-based budgeting approach, as it involves starting with a blank slate and evaluating each new project or activity as if it were entirely new and not already included in the budget from the previous period. This approach can be helpful in ensuring that resources are allocated efficiently and effectively, without simply continuing to fund projects or activities because they were included in the previous budget.

When a Project or Activity Is Budgeted in Each New