MINDTAP MANAGEMENT FOR DAFT/MARCIC'S UN
MINDTAP MANAGEMENT FOR DAFT/MARCIC'S UN
10th Edition
ISBN: 9781305627789
Author: MARCIC
Publisher: IACCENGAGE
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Chapter 15, Problem 4DQ
Summary Introduction

To determine:

The possible advantage of Zero-based budgeting.

Introduction:

Zero-based budgeting starts at $0 balance every period. For each period the expenses are justified in this budgeting. Zero-based budgeting ignores the past trend; it takes the expenses for each period in actual basis.

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