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Zero based budgeting involves: a. incremental approach b. Justification of items c. Same as previous budget d. None of the above

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Question added by Muhammad Salman Danish Salman
Date Posted: 2014/10/23
Muhammad Salman Jahanzeb
by Muhammad Salman Jahanzeb , Assistant Manager Accounts , Prudent Accountants

B. Justification of items

Zero based budgeting approach states that after each budget tenure is completed the new budget should be made after scrutenizing each variable seperately. Justification would have to be granted for each element included in the budget.

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