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defon
3 years ago
11

Why is this zero based budget the best method of budgeting?

Business
2 answers:
pogonyaev3 years ago
5 0
It helps you save a lot of money, if you are on zero budget you wont be as willing to spend money on non sense  rather than if you were to have say a weekly budget to where you know how much money you can spend on non sense. hope that makes sense.
kherson [118]3 years ago
3 0

<u>Zero based budget the best method of budgeting - Reason:</u>

Zero-based budgeting (ZBB) is a budgeting method where all expenses of each new phase have to be justified. The zero-based budgeting process beginning at zero bases and each component is examined for its requirements and expenses within an organization.

Zero-based budgeting can help to reduce costs by preventing massive increases or reduced to expenditure for the subsequent period. But this has taken far more time than conventional cost-based budgeting. It’s a time-consuming process.  

It is also a case of actual revenue because their contributions are easier to justify than in customer services and R&D departments.  

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4 years ago
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Answer:

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