The budgeting method under which the budget is prepared from the scratch is known as:
- A.Incremental budgeting
- B.Flexible budgeting
- C.Static budgeting
- D.Zero-Based Budgeting
Show answer
In zero based budgeting every item of expenditure starts from a zero base and has to be justified afresh for the coming period, instead of being carried over because it existed last year.
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