Consider the Following Statements About Zero-Base Budgeting

question 17

Multiple Choice

Consider the following statements about zero-base budgeting.i.The budget for virtually every activity in an organisation is initially set to the level that existed during the previous year
Ii) The budget helps identify areas of waste and redundant activities.
Iii) The budget must be justified in terms of its continued usefulness.Which statement/s is/are true?

• A) i,ii and iii
• B) i and ii
• C) ii and iii
• D) iii

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Definitions:

Eukaryotic Cells

Cells with a nucleus and other membrane-bound organelles, found in organisms of the domain Eukarya.

Bacteriophages

Viruses that infect and replicate within bacteria, often used as therapeutic agents in phage therapy.

Viral Particles

Infectious entities consisting of DNA or RNA encased in protein and sometimes a lipid membrane, capable of replicating only inside living cells.

Machinery

Machines collectively, often those in a particular sector or activity, functioning to perform or facilitate various tasks.