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Q » What is zero-based budgeting?
06 Dec, 2025
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A » Zero-based budgeting is a financial planning method where each new period starts from a "zero base," requiring justification for all expenses, rather than carrying over prior budgets. This approach requires managers to build their budget from scratch, analyzing the needs and costs of each department or activity, ensuring resources are allocated efficiently and strategically to align with organizational goals and priorities.
06 Dec, 2025
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