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Question
During depression ________ budget is preferable.
During depression ________ budget is preferable.
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Solution
The correct option is B zero
Zero budget is a method of budgeting in which all the expenses are justified for each new period. Costs and all the factors are analysed and there by the budget is fixed accordingly in comparison with previous budget. Hence, during depression zero budget is preferred.
Zero budget is a method of budgeting in which all the expenses are justified for each new period. Costs and all the factors are analysed and there by the budget is fixed accordingly in comparison with previous budget. Hence, during depression zero budget is preferred.
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