Author Question: Zero-based budgeting holds all accounts level (zero increase) from the earlier year and allocates ... (Read 120 times)

karlynnae · **on:** Jul 31, 2018

Zero-based budgeting holds all accounts level (zero increase) from the earlier year and allocates the needed percentage to accomplish the categorical goals.

Indicate whether the statement is true or false.

Question 2

A percentage add-on budget starts the budgeting process at zero at the start of each new fiscal year and adds what is needed for that year. The extra remaining from the previous year is referred to as the percentage add on

Indicate whether the statement is true or false.