Consider the following statements about zero-base budgeting: e budget for virtua
ID: 2570422 • Letter: C
Question
Consider the following statements about zero-base budgeting: e budget for virtually every activity in an organization is initially set to the level that existed during the previous year. The budget forces management to rethink each phase of an organization's I. operations before resources are allocated. To receive funding for the justified in terms of continued usefulness to the organization. 11. upcoming period, individual activities must be Which of the above statements is (are) true? A. only. D. and. B. only. E. I,II, and III. C. Iand II.Explanation / Answer
The budget forces management to rethink each phase of an organization's operations before resources are allocated and To receive funding for the upcoming period, individual activities must be justified in terms of continued usefulness to the organization Option D is correct