Question 14 2 pts Which ONE of the following budgeting approaches is based on the philosophy that all spending needs to be justified, so next year's budget does not use this year's budget as the starting point? Value-based Zero-based O Activity-based Incremental D Question 15 2 pts When a manufacturing business prepares budgets for a period, which is normally the first budget to be prepared? Production Budget O Inventories Budget Sales Budget Capital Expenditure Budget