|
|
Commodities & Stock Glossary:
Zero-base budgeting (ZBB)
- Z -
| Term: |
|
Zero-base budgeting (ZBB)
|
|
|
Definition: |
|
Budgeting method that disregards the previous year`s Budget in setting a new budget, since circumstances may have changed. Each and every expense must be justified in this system. |
|
Related Links:
|
|
|
|