Podcast
Questions and Answers
What is the main characteristic of Zero-based budgeting?
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?
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?
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?
Which type of budgeting calls for incremental increases over previous budgets?
What is the main characteristic of Zero-based budgeting?
What is the main characteristic of Zero-based budgeting?
How are pre-committed expenses treated in Zero-based Budgeting?
How are pre-committed expenses treated in Zero-based Budgeting?
How does a Zero-based Budget differ from traditional 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?
When was Zero-based budgeting (ZBB) adopted by the department of science and technology in India?
Who developed the idea of Zero-based budgeting?
Who developed the idea of Zero-based budgeting?
What happens to unspent funds in Zero-based budgeting as opposed to traditional budgets?
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?
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 happens to unspent funds in a Zero-based Budget scenario?
What does Zero-based Budgeting involve in terms of ministry expenditure?
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 event led to the resurgence of Zero-based budgeting (ZBB) after 2008?
Which Indian state became the first to implement Zero-based budgeting?
Which Indian state became the first to implement Zero-based budgeting?
What is the purpose of Gender Budgeting (GB) in India?
What is the purpose of Gender Budgeting (GB) in India?
What did the 2005-06 Indian Budget highlight regarding gender sensitivities?
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?
Why did the Indian government make it compulsory for all ministries to review their activities and programs based on Zero-based budgeting?
