is a method of budgeting whereby all activities are re-evaluated each time a budget is set. Discrete levels of each activity are valued and a combination is chosen to match funds available.

CS Executive · Corporate and Management Accounting · PYQS · December 2019
is a method of budgeting whereby all activities are re-evaluated each time a budget is set. Discrete levels of each activity are valued and a combination is chosen to match funds available.
(A) Master Budget
(B) Zero-Based Budgeting
(C) Performance Budgeting
(D) Flexible Budget

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Budgeting

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic