Q.

In public budgets, zero-base budgeting was first introduced in -

A. USA
B. UK
C. France
D. Sweden
Answer» A. USA
Explanation: Zero-based budgeting is an approach to planning and decision-making which reverses the working process of traditional budgeting. This technique of budgeting was developed by Peter Phyrr in the United States and was first implemented at Texas Instruments in the 1960s. In 1973. President Jimmy Carter contracted with Phyrr to implement a ZBB system for the State of Georgia executive budget process.
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