What is zero-based budgeting


Questions:

Question 1 BUDGET PLANNING

How are budgets useful in the planning of a business? Discuss one type of budget presented in the lecture and explain how that budget contributes to the planning process.

Question 2 ZERO-BASED BUDGETING

What is zero-based budgeting? How can this type of budgeting assist in the planning process? What are some disadvantages of zero-based budgeting?

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Accounting Basics: What is zero-based budgeting
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