Discuss in detail any TWO of the following budgeting systems:

• Incremental (Traditional) Budgeting
• Zero Based Budgeting
• Activity Based Budgeting
• Rolling Budgets

In particular your answer should focus on the following:

• The uses of each system selected and
• The advantages and disadvantages of each system selected.
• You should also give an example and discuss in detail what type of companies

might use each type of budget selected above, including quantitative

information to support your answer.