Assignment Details

Zero-based budgeting is intended to optimize the allocation of resources in an organization. The following video describes this approach:

• What is Zero-based Budgeting?

Zero-based budgeting is a unique technique for budgeting. It may work for some organizations but not for others.

Complete an analysis of the zero-based approach to budgeting. Include the following in your analysis:

• Define zero-based budgeting
• Provide a list of advantages and disadvantages
• Compare zero-based budgeting with other budgeting techniques
• Discuss the development of a decision package for existing and new programs and the ranking process
• Identify an organization and discuss how the entity might use this approach effectively