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out of 5 0 Which of the following is FALSE on different approaches of budgeting?Zero - based budgeting is time consuming and best suited for

out of 50Which of the following is FALSE on different approaches of budgeting?Zero-based budgeting is time consuming and best suited for discretionary costs (non-essential operating costs)Incremental budgeting takes previeus years' budget and add or subtract a certain percentage from it to make the new year's budgetActivity based budgeting may lead to budgeting slack and a manager may overshoot the size of the budgetIn value proposition budgeting a value proposition has to be made for each line item on the income statement to justify why it should be included in the budget

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