In Zero-Based Budgeting, Managers Justify Budget Amounts as If No

question 45

True/False

In zero-based budgeting, managers justify budget amounts as if no information about prior budgets exists.

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Definitions:

Tenant-Days

A measure in property management indicating the total number of days tenants occupy a property within a given period.

Food and Supplies

Items necessary for the operation of a business, especially in the hospitality and retail sectors, including consumable items and essential supplies.

Tenant-Days

Tenant-days represent a metric used in real estate management to calculate the total number of days a property is occupied by tenants over a specific period.

Food and Supplies

Items that are consumed or used in the process of feeding individuals and supporting operations, often accounted for in budgeting for institutions like schools and hospitals.