Engineering Board Exam Reviewer · Engineering Management · medium

Zero-based budgeting requires that:

1. Last year's budget be increased by a fixed percentage
2. No money be spent on new projects
3. Every expense be justified from zero for each new period
4. The budget be balanced at zero profit

Answer

C. Every expense be justified from zero for each new period

Solution

It prevents automatic continuation of past spending.

More Engineering Management questions

1. A budget is best described as a:
2. The type of plan that is used repeatedly for recurring situations, such as policies and procedures, is called a:
3. Under the Philippine Labor Code, the normal hours of work for an employee should not exceed:
4. The tendency of a rater to let one positive trait influence the overall rating of an employee is called the:
5. Fiedler's contingency model suggests that leadership effectiveness depends on:
6. Hersey and Blanchard's situational leadership model matches leadership style to the follower's:
7. A flat organization structure is characterized by:
8. An organization structure that groups activities by product, customer or geographic area is called:
9. Henry Mintzberg classified managerial roles into three categories:
10. According to Robert Katz, the skill most important for top-level managers is:

All Engineering Management Reviewer questions