Question

Difference between performance budgeting and zero-based budgeting

Answer 1

The key difference between zero based budgeting and performance budgeting is that while zero-based budgeting is carried out by justifying all revenues and costs for the accounting period, performance budgeting takes into account the inputs and output per unit with the intention of efficient resource allocation.

Answer 2

Performance budgeting and zero-based budgeting .

Explanation:

• The performance-based budgeting is a method of developing budgets on the basis of the relationships between the program fundings and the expected results.

• And is a tool that the program administrator uses to manage the cost-efficient budgeting. This is consists of three elements as result, strategy, and outputs.

• The Zero based budgeting is a method in were all the expenses must be stated and approved for every new period. Here the budget starts from the zero base.  

• Zero based budgeting focuses on revenues and costs for the accounting period. Performance budgeting focuses on inputs and output per unit  

• Zero Based budgeting is a popular system used by the corporates. Performance budgeting is mainly used by governments and the public sector organizations.

Learn more about the performance budgeting and zero-based budgeting.

• brainly.in/question/3191515 answered by Akash8840.