Zero-balance budgeting
Revision as of 23:46, 1 June 2020 by Gary (talk | contribs) (Created page with "Zero-balance budgeting is the process starting with an established point of zero rather than using the current budget as the basis for adding, modifying, or subtracting re...")
Zero-balance budgeting is the process starting with an established point of zero rather than using the current budget as the basis for adding, modifying, or subtracting resources.
Definition
According to Management by Robbins and Coulter (14th edition),
- Zero-balance budgeting. Process starting with an established point of zero rather than using the current budget as the basis for adding, modifying, or subtracting resources.