Zero based ppt downloadttttttttttttttttt

Ajajjajajjajaiwokwkw isjsjwjjwiajkwjajjaj

1. Topic-zero based By-Gojo team

2. Introduction Zero-based budgeting is  an approach that starts budgeting from scratch, requires justification for expenses, and involves employees . It differs from traditional budgeting by evaluating activities annually and places emphasis on decision-making and clarity.

3. Disadvantages Time-Consuming-The process of justifying every expense from scratch can be very time-consuming and labor-intensive Resource-Intensive-Requires significant resources in terms of personnel and effort to review and justify each budget item. Advantages Cost efficiency- By requiring justification for all expenses, ZBB can help eliminate unnecessary costs and allocate resources more effectively. Focus on Necessities - Encourages managers to prioritize and focus on essential expenditures, aligning spending more closely with organizational goals. What are advantages and disadvantages of zero-based ?

4. What is zero based used for ? Zero-based budgeting means  budgeting by justifying and approving all expenses for each accounting period, rather than basing it on your past spending . By starting from a 'zero base' at the beginning of each budget, you can create a really effective process for analysing and deciding where to allocate your funds.

5. Why zero based is important ? Zero-based budgeting is a way to plan how you use each dollar you earn. This budgeting style  may give you greater insight into your finances and provides you the flexibility to customize your budget each month . Zero-based budgets require advance planning, particularly for those with inconsistent incomes.

6. What is the zero-based method What Is Zero-Based Budgeting (ZBB)? Zero-based budgeting (ZBB) is  a method of budgeting in which all expenses must be justified for each new period . The process begins from a “zero base” and every function within an organization is analyzed for its needs and costs.

7. Kwl Chart Our team has made this kwl chart

8. Thanks for reading Submited by-Gojo team Submited to- Ms Bindu Gupta