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Day: November 26, 2022

5 Steps | Advantages | Disadvantages of Zero Based Budgeting

Posted on 26/11/202217/07/2023 By Study Notes Expert No Comments on 5 Steps | Advantages | Disadvantages of Zero Based Budgeting
5 Steps | Advantages | Disadvantages of Zero Based Budgeting

This budget aims to evaluate and justify the costs and activities each year. ZBB, also known as zero-based or Zero based Budgeting (ZBB), is a different method of Budgeting that utilizes zero as the base. This method requires that they begin budgeting at zero every year. Additionally, it requires justification of every cost mentioned within…

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