"Zero-Based Budgeting" Is One Example of the "Minimum Level Approach

question 167

True/False

"Zero-based budgeting" is one example of the "minimum level approach" to budgeting.

---

Definitions:

Evolution

The process through which species of organisms undergo changes over time through genetic variation and natural selection.

Cellular Respiration

A set of metabolic processes that take place within cells to convert biochemical energy from nutrients into ATP, and then release waste products.

Photosynthesis

The process by which green plants, algae, and certain bacteria convert light energy, water, and carbon dioxide into oxygen and glucose.

Carbon Dioxide

An invisible, unscented gas generated through the combustion of carbon-based and organic materials, as well as by the respiration process, which is consumed by plants during photosynthesis.