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Zero-Based Budgeting (ZBB) Explained
2:12
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 ...
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Zero Based Budgeting Explained
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