Asked by
sohan banerjee
on Oct 22, 2024
Verified
A zero-based budget allows the allocation of resources to vary in proportion with various levels of activity.
Zero-based Budget
A budgeting method that starts from zero each new period, requiring all expenses to be justified for each new period.
- Clarify the variances between single-event plans and continuously applied plans.
Verified Answer
FS
Learning Objectives
- Clarify the variances between single-event plans and continuously applied plans.
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