Zero-Based Budgeting (ZBB) Explained
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YouTubeCorporate Finance Institute
Zero-Based Budgeting (ZBB) Explained
Zero-based budgeting (ZBB) is a budgeting technique that allocates funding based on efficiency and necessity rather than budget history. Zero-based budgeting is a powerful yet rarely used strategy that can help organizations reduce costs dramatically during challenging times. Unlike traditional budgeting, ZBB resets all department budgets to ...
6.5K viewsApr 13, 2018
Zero Based Budgeting Explained
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