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In the context of budget preparation, what does the term "zero base budgeting (ZBB)" refer to?a)A budgeting approach that starts from scratch and requires justification for all resourcesb)A budgeting approach that uses historical data as the starting pointc)A budgeting approach that only considers incremental changes from the previous year's budgetd)A budgeting approach that relies solely on the existing resourcesCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of budget preparation, what does the term "zero base budgeting (ZBB)" refer to?a)A budgeting approach that starts from scratch and requires justification for all resourcesb)A budgeting approach that uses historical data as the starting pointc)A budgeting approach that only considers incremental changes from the previous year's budgetd)A budgeting approach that relies solely on the existing resourcesCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of budget preparation, what does the term "zero base budgeting (ZBB)" refer to?a)A budgeting approach that starts from scratch and requires justification for all resourcesb)A budgeting approach that uses historical data as the starting pointc)A budgeting approach that only considers incremental changes from the previous year's budgetd)A budgeting approach that relies solely on the existing resourcesCorrect answer is option 'A'. Can you explain this answer?.

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