Management Finance - Part 1

Zero-Based Budgeting (ZBB) requires:

Type: MCQ • Marks: 1
Zero-Based Budgeting (ZBB) requires:
Options
A. Every department to receive at least last year's allocation
B. Existing programmes to be automatically continued
C. Expenditures to be justified from a zero base rather than relying solely on historical allocations
D. Only capital expenditure to be evaluated
Explanation
ZBB challenges incremental budgeting by requiring programmes and activities to justify their resource requirements.
UPSC Principal & Vice Principal Management Finance Administration

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