Zero based budgeting: Difference between revisions
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This requires department managers to present their budgets as if each year were the first in operation – all aspects of the budget should be justified afresh. | This requires department managers to present their budgets as if each year were the first in operation – all aspects of the budget should be justified afresh. | ||
== See also == | == See also == | ||
* [[Budget]] | * [[Budget]] | ||
* [[Cost centre]] | |||
* [[Flexible budgeting]] | * [[Flexible budgeting]] | ||
* [[Zero based]] | * [[Zero based]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] |
Latest revision as of 23:27, 19 January 2022
(ZBB).
This requires department managers to present their budgets as if each year were the first in operation – all aspects of the budget should be justified afresh.