The budgeting philosophy that bases unit or departmental budgets on the current fiscal years budget and an adjustment factor is ____.
A) bottom-up budgeting
B) top-down budgeting
C) incremental budgeting
D) zero-base budgeting

Question

Quizplus · Accepted Answer

Incremental budgeting involves adjusting the previous year's budget by a certain factor or percentage to account for inflation, growth, or other changes, rather than starting from scratch or imposing a budget from the top.

The Budgeting Philosophy That Bases Unit or Departmental Budgets on the Current