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How does zero based budgeting differ from other budgeting?
Nhlanhla Yende
What budgeting option is best used only with limited resources and expenses?
Mental Budgeting
What is sound budgeting?
Budgeting that determines the costs and expenses put towards sound. whatever that may be.
What type of budgeting requires each manager to justify an entire budget request in detail?
Zero-base budgeting
What is zero based budgeting?
Zero-based budgeting is a method of budgeting where all the expenses have to be justified for each new period. This method starts with a zero base and all the functions in a company are analyzed for costs and needs.
What are the disadvantages to budgeting?
I do not see any disadvantages in budgeting because it is a positive way in tracking your money. However, the only disadvantage I see is that if the person budgeting does not know how to handle money.
Advantage and disadvantage of budgeting?
The main advantage of budgeting is that it will help you get a clear view over your finances. You will also be able to save money. However, budgeting can also bring a lot of extra stress and work.
What does the word budgeting mean?
Budgeting means making a financial plan about how much money to spend on specific items. You might say for example, I am budgeting a thousand dollars for snacks.
What are the merits and demerits of accounting?
The merits of accounting is that it helps in budgeting. The disadvantage is that it includes a busy time especially during the tax season.
What is the disadvantage of budgeting?
Distortion is caused by cash budgets. Influence of non-financial factors will also affect the final decisions when it comes to cash budgets. Cash budgets are vulnerable to manipulations. The major disadvantage is that cash budget relies on estimates.
What is an example of incremental budgeting?
A good example of incremental budgeting is like that used by governments. A government can simply look at the previous year's budget and decide to make greater allocations to each major cost such as education or military.
What is having to do all the work is an example of an disadvantage or advantage of society of authority?
disadvantage of society of authority
Advantage and disadvantage of traveling?
There are a number of advantages and disadvantages of traveling. One big disadvantage of traveling is the cost for example.
What does the process of budgeting encompass?
what does the process of budgeting encompass? what does the process of budgeting encompass?
Tax planning and tax management example?
risks and return budgeting and decisions eterpretating the rules of observers
What is rational budgeting?
budgeting that's rational
What is the definition of 'Marketing Budgeting'?
marketing budgeting
