Answer / dimple

A method of budgeting in which all expenses must be justified for each new
period. Zero-based budgeting starts from a "zero base" and every function
within an organization is analyzed for its needs and costs


Zero-base budgeting does not use the previous year's budget or expenses in
setting a new budget, since the company’s circumstances and finances may
have changed. When building a budget from a zero base, every expense must be
justified. Zero-base budgeting helps you control spending and expenses
because you build your budget from zero rather than building your budget on
top of what was spent during the prior period funded.

Answer / divya

where all expenses must be justified

Answer / divya

where income & expenditures are nil i,e there is no deficit

expand-------TSR

1 Answers  

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What is audit,auditing?

4 Answers   Wipro,

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Match the following: 1. 2. 3. 4. AS – 7 AS – 9 AS – 19 AS – 20 (i) (ii) (iii) (iv) Earning per Share Construction Contracts (Revised) Revenue Recognition Leases

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What is the difference between payable and accrual

0 Answers  

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Expand---------BTSR

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What is 'TREASURY STOCK / TREASURY SHARES'?

8 Answers   Capital IQ,

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If you are making a transaction of Cash Purchase on 30th March and your accounting period ends on 31st March. Does it affect the Current Asset of the Company?

5 Answers   FIC,

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what is meant by derivatives

2 Answers   Capital IQ, RRDonnelley,

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a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting

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what is accounting in automobile

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EXPAND______________IEEE

1 Answers  

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