The Major Difference Between Zero-Based and Incremental Budgeting Is the ________

question 50

Multiple Choice

The major difference between zero-based and incremental budgeting is the ________.

• A) use of a reference point in the budget process
• B) degree of employee participation
• C) use of top-down versus bottom-up processes
• D) extent to which inflation is taken into account

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Definitions:

Philippines

A Southeast Asian country in the Western Pacific, comprising more than 7,000 islands.

Work Disincentives

Factors or conditions that discourage individuals from seeking or maintaining employment, often due to economic policies or social benefits structures.

Anti-Poverty Programs

Government or non-government initiatives designed to reduce or eliminate poverty by providing support and resources to the needy.

Inefficiency

The state of not achieving maximum productivity or economic benefit from resources due to suboptimal allocation, processes, or decisions.