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12 June, 18:09

The zero-based budget is the best method of budgeting because:

This type of budget is less complicated than other types of budgets

a. A zero-based budget allows less money for wants

b. Sticking to a zero-based budget requires less discipline

c. The zero-based budget ensures that every dollar you make is assigned a specific purpose

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Answers (2)
  1. 12 June, 20:58
    0
    The zero-based budget ensures that every dollar you make is assigned a specific purpose

    Explanation:

    Zero-based budge: It is also known as "zero-sum budget".

    It refers to the process of creating a budget from nothing without using the previous year's budget. It enables a firm allocate all its resources to expenses and debt payment.

    Zero based budget ensures that every income made is allocated to a particular purpose without a remainder. The major goal of zero based budget is to ensure that revenue (income) less expenditure (spendings) is equal to zero.

    That is, in zero based budgeting,

    Income - expenditure = zero (0).

    In other words,

    income = expenses
  2. 12 June, 21:43
    0
    c. The zero-based budget ensures that every dollar you make is assigned a specific purpose

    Explanation:

    The zero based budget is making sure that every dollar has a name on paper on purpose before the month begins.
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