Describes zero-base budgeting

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Which best describes zero-base budgeting?

a. A budget that is developed for a single level of activity

b. A budget that analyzes existing activities (and continuation of that activity must be justified and resources needed must be justified by each manager)

c. A budget that is based solely on prior period information, adjusted for inflation

d. A budget that is continuous or rolling

Reference no: EM13794725

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