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Glossary > Z > "Zero Based Budgeting - ZBB" Definition

Zero Based Budgeting - ZBB

A method of budgeting in which all expenditures must be justified each new period, as opposed to only explaining the amounts requested in excess of the previous period"s funding.

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Zero Based Budgeting - ZBB - A method of budgeting in which all expenditures must be justified each new period, as opposed to only explaining the amounts requested in excess of the previous period"s funding.

Zero Based Budgeting - ZBB : a method of budgeting in which all expenditures must be justified each new period, as opposed to only explaining the amounts requested in excess of the previous period"s funding.