In Zero-Based Budgeting, Each Project Has to Stand on Its

question 61

True/False

In zero-based budgeting, each project has to stand on its own merits each year by being included among the important projects that a firm can afford to fund and no project receives funding for the future simply because it received funding in the past.

---

Definitions:

Alkene Absorption

Refers to the specific wavelengths at which alkenes absorb infrared light due to the stretching vibrations of the carbon-carbon double bond.

Stretching Frequency

A measure of how often a chemical bond undergoes a vibration between atoms, used in IR spectroscopy to help identify functional groups.

IR Spectroscopy

A technique used in chemistry to identify molecules based on the absorption of infrared radiation at different wavelengths.

IR Spectroscopy

A technique used in chemistry to identify molecular structures based on the absorption of infrared radiation, which causes vibrational and rotational transitions in molecules.