When a manager is asked to justify a new budget proposal on the basis of projected activities
Question:
When a manager is asked to justify a new budget proposal on the basis of projected activities rather than past practices, this is an example of __________budgeting.
(a) zero-based
(b) variable
(c) fixed
(d) contingency
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ZeroBased Budgeting Zerobased budgeting is a method of budgeting where all expenses must be justified for each new period rather than basing the budge...View the full answer
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Related Book For
Management
ISBN: 9781119323990
4th Canadian Edition
Authors: Barry Wright, Daniel G. Bachrach, John R. Schermerhorn
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