What is zero-based budgeting

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Assignment:

Zero-based budgeting is intended to optimize the allocation of resources in an organization. The following video describes this approach:

  • What is Zero-based Budgeting?

Zero-based budgeting is a unique technique for budgeting. It may work for some organizations but not for others.

 an analysis of the zero-based approach to budgeting. Include the following in your analysis:

  • Define zero-based budgeting
  • Provide a list of advantages and disadvantages
  • Compare zero-based budgeting with other budgeting techniques
  • Discuss the development of a decision package for existing and new programs and the ranking process
  • Identify an organization and discuss how the entity might use this approach effectively

Reference no: EM133230960

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