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Question
In which country the zero base budgeting was first evolved?
In which country the zero base budgeting was first evolved?
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Solution
The correct option is B USA
Zero Base Budgeting was first evolved in USA in 1970 by Peter Phyrr which is an approach to make the budget from the scratch that is zero base. It is a method of budgeting where all the expenses of a business are justified and approved for each new period of the company.
Zero Base Budgeting was first evolved in USA in 1970 by Peter Phyrr which is an approach to make the budget from the scratch that is zero base. It is a method of budgeting where all the expenses of a business are justified and approved for each new period of the company.
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