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Eduncle posted an MCQ
October 18, 2019 • 20:23 pm 0 points
  • UGC NET
  • Political Science

Who among the following is the creator of Zero-Based-Budgeting ?

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    Eduncle Best Answer

    Zero-based budgeting in the 1970s was primarily concerned with attributing a particular activity of a company to the decision packages, which involves ranking and evaluating the packages for the benefits and costs, and making sure the resources are distributed appropriately. ZBB is a process that can be repeated to review every single dollar in the budget, establish a cost management culture, and also manage financial performance.

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