Zero Base Budgeting (ZBB) | Definition, features and benefits

Zero Base Budgeting (ZBB) Any action taken by a company stems from a specific process: planning. Planning expressed in terms of investments and financial goals is budgeting. Zero base budgeting is a budgeting method that starts from zero for each budget period. In this approach, all expenses must be justified and no longer just new … Continue reading Zero Base Budgeting (ZBB) | Definition, features and benefits