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Application Of Zero-Base Budgeting In The Learning Resource Center, Javad Raiesdana
Application Of Zero-Base Budgeting In The Learning Resource Center, Javad Raiesdana
Masters Theses
Budgeting is a statement of the organizational goals and objectives in monetary terms. Traditionally, budgets have been developed by adding to the previous year's budget as a base (at least in theory), but rather to start from a zero base and requires a justification of all expenditures. This method of budgeting assumes that each years's budget requests are built up from zero in response to the priorities and needs of that year.
The range of opinion about zero-base budgeting is broad. Some critics regard it to be of great value while others feel that it is inadequate. The purpose of …