AAT Level 4 AMAC Practice Questions - AAT Level 4 Diploma In Professional Accounting (Q2022) - Applied Management Accounting Exam

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Which budgeting approach starts each budget period from a base of zero, requiring every cost to be justified before it is included?

Incremental budgeting Zero-based budgeting Rolling budgeting Flexible budgeting

Correct Answer:

Zero-based budgeting

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