Business Studies, asked by quaisbashir, 5 days ago

WHAT Do you
UNDERSTAND Ву
ZERO BASE BUDGETING ? EXPLAIN
ITS FEATURES AND ADVANTAGES​

Answers

Answered by harshith6754
3

Answer:

Zero based budgeting in management accounting involves preparing the budget from the scratch with a zero-base. It involves re-evaluating every line item of cash flow statement and justifying all the expenditure that is to be incurred by the department.

Thus, zero-based budgeting definition goes as a method of budgeting whereby all the expenses for the new period are calculated on the basis of actual expenses that are to be incurred and not on the differential basis which involves just changing the expenses incurred taking into account change in operational activity. Under this method, every activity needs to be justified, explaining the revenue that every cost will generate for the company

Answered by keerthana5137
0

Answer:

Mark above answer as brainlist

joh-eun halu doeseyo

Similar questions