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Zero-base Budgeting (ZBB) is based on a system where each function

 Zero-base Budgeting (ZBB) is based on a system where each function – old or new – must be justified in its entirety each time a new budget is formulated. ZBB has several benefits which include all of the following except

[A] Effective allocation of resources

[B] Improved productivity and cost effectiveness

[C] Improved effectiveness of performance audit

[D] Better focus on organizational objectives 

Nov 27 2017 View more View Less

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