Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

Understanding Zero-based Budgeting Method

18 Questions

1 Views

Understanding Zero-based Budgeting Method

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main characteristic of Zero-based budgeting?

Incremental increases over previous budgets

Carrying forward balances from previous budgets

Setting a 'zero base' for each new period (correct)

Not justifying expenses for each new period

Who developed the idea of Zero-based budgeting?

John Smith

Michael Lee

Peter Pyhrr (correct)

Anna Johnson

What is one key difference between Zero-based budgeting and traditional budgeting?

Ignoring the needs and costs of each function

Carrying forward unused funds

Reviewing and justifying all expenses (correct)

Relying on past budgets for guidance

Which type of budgeting calls for incremental increases over previous budgets?

Traditional budgeting Signup and view all the answers

What is the main characteristic of Zero-based budgeting?

Justifying all expenses for each new period Signup and view all the answers

How are pre-committed expenses treated in Zero-based Budgeting?

Ignored and not considered in the budget Signup and view all the answers

How does a Zero-based Budget differ from traditional budgeting?

It starts from a 'zero base' for each period Signup and view all the answers

When was Zero-based budgeting (ZBB) adopted by the department of science and technology in India?

1983 Signup and view all the answers

Who developed the idea of Zero-based budgeting?

Peter Pyhrr Signup and view all the answers

What happens to unspent funds in Zero-based budgeting as opposed to traditional budgets?

They are not allotted to those who did not spend Signup and view all the answers

In Zero-based budgeting, what is the starting point for the budgeting process?

'Zero' base Signup and view all the answers

What happens to unspent funds in a Zero-based Budget scenario?

Not allocated to those who did not spend Signup and view all the answers

What does Zero-based Budgeting involve in terms of ministry expenditure?

Review and justification of each expenditure Signup and view all the answers

Which event led to the resurgence of Zero-based budgeting (ZBB) after 2008?

Financial crisis of 2008 Signup and view all the answers

Which Indian state became the first to implement Zero-based budgeting?

Maharashtra Signup and view all the answers

What is the purpose of Gender Budgeting (GB) in India?

Empower women through budgetary commitments Signup and view all the answers

What did the 2005-06 Indian Budget highlight regarding gender sensitivities?

'Pink tax' on women Signup and view all the answers

Why did the Indian government make it compulsory for all ministries to review their activities and programs based on Zero-based budgeting?

To align expenditure with judicious spending Signup and view all the answers

Understanding Zero-based Budgeting Method

Choose a study mode

Podcast

Questions and Answers

What is the main characteristic of Zero-based budgeting?

Who developed the idea of Zero-based budgeting?

What is one key difference between Zero-based budgeting and traditional budgeting?

Which type of budgeting calls for incremental increases over previous budgets?

What is the main characteristic of Zero-based budgeting?

How are pre-committed expenses treated in Zero-based Budgeting?

How does a Zero-based Budget differ from traditional budgeting?

When was Zero-based budgeting (ZBB) adopted by the department of science and technology in India?

Who developed the idea of Zero-based budgeting?

What happens to unspent funds in Zero-based budgeting as opposed to traditional budgets?

In Zero-based budgeting, what is the starting point for the budgeting process?

What happens to unspent funds in a Zero-based Budget scenario?

What does Zero-based Budgeting involve in terms of ministry expenditure?

Which event led to the resurgence of Zero-based budgeting (ZBB) after 2008?

Which Indian state became the first to implement Zero-based budgeting?

What is the purpose of Gender Budgeting (GB) in India?

What did the 2005-06 Indian Budget highlight regarding gender sensitivities?

Why did the Indian government make it compulsory for all ministries to review their activities and programs based on Zero-based budgeting?

More Like This

Zero-Based Numbering Quiz

Zero Base Budgeting Quiz

Features and Objectives of Zero Based Budgeting

Approaches to Budgeting Quiz

Upgrade to continue