The ‘………….. ’ is a term associated with ZBB, and refers to an analysis of each discrete activity, according to cost and purpose.

Related MCQs

• The second approach in the application of Zero-based Budgeting (ZBB) is to identify and remove duplication or expenditure.
• ZBB can offer a number of advantages when it is applied …………..
• The term…………… refers to the mobilizing and allocation of savings.
• The term ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ refers financial investment in a highly risky and growth oriented venture with the objective of earning a high rate of return.
• According to IFRS, the term financial asset includes
• Underwriting of shares by a financial intermediary is a kind of ————— activity.
• A decision package includes…………..justification for budget estimates of an activity.
• The…………..has economic significance and social purpose.
• Lead merchant banker should advice the issuer to enter into ‐‐‐‐‐‐‐‐ with a particular intermediary for the purpose of issue management.
• Budgeting requires eliminating redundant expenditure that no longer serves any clearly defined purpose.