The term 'Zero Based Budgeting' refers to __________. – McqOptions

MCQOPTIONS

1.	The term 'Zero Based Budgeting' refers to __________.
A.	A specified sum of money authorized by the Legislaturefor a specific period of time
B.	To ensure that every rupee spent is result oriented
C.	A statutorily mandated form of reimbursement or up-front payment for state expenditures
D.	A cost item for which payment is made by one stateagency to another
Answer» C. A statutorily mandated form of reimbursement or up-front payment for state expenditures

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