areebking2430 areebking2430
  • 25-05-2021
  • Business
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Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:

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Vickiee Vickiee
  • 26-05-2021

Answer: Excessive cost

Explanation:

Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.

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