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Zero-base budgeting (ZBB): Involves the review of changes made to an organization's original budget. Does not provide a projection of annual expenditures. Has as the
Zero-base budgeting (ZBB):
Involves the review of changes made to an organization's original budget. | ||
Does not provide a projection of annual expenditures. | ||
Has as the primary objective to reduce budget expenditures to zero. | ||
Involves rigorous review of each cost item before inclusion in the budget. | ||
Emphasizes zero increase in expenditures. |
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