Budgeting has a number of different purposes including Planning; Control; Performance evaluation; Motivation. Some managers believe that zero-based budget is more beneficial than other types of the budget for firms. Contemporary development in Beyond Budgeting also discussed and argued widely by practicing professionals and academics

Critically discuss the above statement with reference to academic literature. In your discussion, you should refer to the budgeting systems you learned in this module. purposes and types of Budgeting .