Q. Zero-based budgeting addresses such problems that can take place with ……………. rolling budgets.
✅ Correct Answer: (A)
Conventional
Financial Services MCQs and Notes
Q. The basic process of zero-based budgeting is to justify budget requests for every , regardless of prior period budgets.
✅ Correct Answer: (A)
Budgeting cycle
Q. ZBB can offer a number of advantages when it is applied …………..
✅ Correct Answer: (A)
intelligently
Q. The key benefit is that serves to concentrate attention on the……………
✅ Correct Answer: (A)
Zero based budgeting
Q. The ‘………….. ’ is a term associated with ZBB, and refers to an analysis of each discrete activity, according to cost and purpose.
✅ Correct Answer: (A)
Decision Package
Q. Zero-based budgeting first came out in …………..
✅ Correct Answer: (A)
1960
Q. Zero-based budgeting is an approach to budgeting that begins from the principle that………………. or activities Should be factored into the plans for the coming budget period.
✅ Correct Answer: (A)
no cost
Q. Situation of resource crunch when demands for desirable expenditure are far ………………….. the available resources.
✅ Correct Answer: (A)
out stripping
Q. ………………. manpower is a hard task for management.
✅ Correct Answer: (A)
Re-Deploying
Q. A main factor contributing to the failure of zero-based budgeting has been due to too much of……………..involved in the procedure.
✅ Correct Answer: (A)
Paper work