Zero -Based Budgeting Starts with

question 13

Multiple Choice

Zero -based budgeting starts with

• A) controlling finances
• B) budgeted costs
• C) a fixed dollar amount
• D) placing controls on all expenses
• E) zero, and costs are added

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Definitions:

Ecological Environment

The complex of biological, chemical, and physical factors that act upon an organism or an ecological community and ultimately determine its form and survival.

General Public

The larger community of people in society who are not segmented by any specific interest or profession; the broad population.

Profit Responsibility

The obligation of an organization or individual to achieve financial gain while considering ethical and social impacts.

Owners

Individuals or entities that legally possess an item, property, or business, holding the rights to control, use, and dispose of it.