Zero-based budgeting requires that proponents of discretionary expenditures justify these outlays for each budgeting period.

Question

Quizplus · Accepted Answer

Zero-based budgeting is a budgeting approach where all expenses must be justified for each new period, starting from zero. This means that proponents of discretionary expenditures have to provide a rationale for why the expenditures are necessary and how they will contribute to achieving the organization's objectives. Therefore, the statement is true.

Zero-Based Budgeting Requires That Proponents of Discretionary Expenditures Justify These