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Zero Based Budgeting 

Edspira
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This video discusses zero-based budgeting.
When a company uses zero-based budgeting, this means that each expense must be justified when the company is preparing a new budget. For example, the director of the marketing department can't simply say, "well, we spent $50,000 on advertising last period, so we need to spend at least $50,000 again this period." With zero-based budgeting, the managers should scrutinize each expense and not simply allocate money based on what occurred in a prior period.
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30 сен 2024

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Комментарии : 4   
@photoguy4212
@photoguy4212 3 года назад
Fantastic explanation. Thank you for posting this. I’m learning it in my public admin budgeting class and this simplified it.
@waleeswaleed4104
@waleeswaleed4104 6 лет назад
Hello sir can u make vedio about normal and abnormal loss for process costing thx in advance
@zohaib637
@zohaib637 3 года назад
Sir, request you to kindly make a video on Zero based costing (ZBC). I shall be very grateful to you.
@damounkaoutar538
@damounkaoutar538 3 года назад
thank you very much
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