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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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