MCQOPTIONS
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| 1. |
The CIMA definition of zero-based budgeting is set out below, with two blank sections."Zero-based budgeting: A method of budgeting which requires each cost element ____________, as through the activities to which the budget relates ____________."Which combination of two phrases correctly complete the definition? |
| A. | to be specifically justifies, & were being undertaken for the first time |
| B. | to be set zero, & could be out-sourced to an external supplier |
| C. | to be specifically justifies, & could be out-sourced to an external supplier |
| D. | to be set zero, & were being undertaken for the first time |
| Answer» B. to be set zero, & could be out-sourced to an external supplier | |