Question
Which of the following is a characteristic of zero-based budgeting? A It uses the same level of activity as the prior budget period. B It
Which of the following is a characteristic of zero-based budgeting?
A It uses the same level of activity as the prior budget period.
B It is relatively inexpensive to implement.
C It is used mostly by manufacturing companies.
D It results in a fresh consideration of the validity of budget amounts.
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki
9th edition
9781483375014, 1483375013, 9781506300108, 1506300103, 978-1483375021
