merits and demerits of zero base budgeting

Zero Base Budgeting – Assignment Help !

By |2016-07-13T13:28:37+00:00July 13th, 2016|Categories: Accounting assignment help, finance assignment help|Tags: , , , , |

ZERO BASE BUDGETING (ZBB) – AN OVERVIEW: The use of zero base budgeting has become an important managerial tool since 1970’s. It has been widely accepted in the business world as it greatly helps in integrating managerial functions of planning and controlling Conventional budgets are generally prepared on the basis of past performances and actual costs. [...]