The starting point in developing a budget based on zero-based budgeting is _____.
A)last year's budget
B)zero
C)a competitor's budget
D)the budgeted expense amount that maximizes profits

Question

Quizplus · Accepted Answer

Zero-based budgeting requires starting from scratch and building a budget based on the needs and priorities of the business or organization, rather than simply adjusting the previous year's budget. Therefore, the starting point should be zero.

The Starting Point in Developing a Budget Based on Zero-Based