Zero Base Budgeting UPSC, Zero Based Budgeting Notes, Zero Based Budgeting in India
This can prevent an individual or Ministry from spending what they do not have. This financial tool allows one to resolve their queries related to Public Provident Fund account. Zero-based budgeting aims to put the onus on managers to justify expenses. With these alternatives, the process makes managers consider other ways to operate the business. Such force enable managers to target non-key activities for elimination or outsourcing. Sarant stated that, Zero-Base-Budgeting is a technique which…
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