A budgeting technique that requires managers to justify all revenue and expenses for each new period is called ________.
A) zero-based budgeting
B) justification budgeting
C) flexible budgeting
D) defensive budgeting

Question

Quizplus · Accepted Answer

Zero-based budgeting requires managers to justify all revenue and expenses from scratch each period, rather than simply adjusting figures from the previous period. It can help identify inefficiencies and promote cost control. Choices B, C, and D are not accurate budgeting techniques.

A Budgeting Technique That Requires Managers to Justify All Revenue