{"id":62091,"date":"2024-04-20T08:48:45","date_gmt":"2024-04-20T08:48:45","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=62091"},"modified":"2024-04-20T08:48:45","modified_gmt":"2024-04-20T08:48:45","slug":"the-concept-of-zero-based-budgeting-might-be-used-by-the-sikkim-government-to","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-concept-of-zero-based-budgeting-might-be-used-by-the-sikkim-government-to\/","title":{"rendered":"The concept of ‘Zero-Based Budgeting’ might be used by the Sikkim government to:"},"content":{"rendered":"

[amp_mcq option1=”Eliminate all previous budget allocations” option2=”Start the budgeting process from scratch each year” option3=”Justify each expenditure based on current needs” option4=”Focus only on essential spending” correct=”option2″]<\/p>\n

The correct answer is: b) Start the budgeting process from scratch each year.<\/strong><\/p>\n

Zero-based budgeting (ZBB) is an approach to budgeting in which all expenses are justified for each new budget period, regardless of whether they were previously budgeted for. This differs from traditional incremental budgeting, in which the previous year’s budget is used as a starting point for the current year’s budget.<\/p>\n

ZBB can be used by the Sikkim government to ensure that all expenditures are justified and that the budget is aligned with the government’s priorities. It can also help to identify areas where spending can be reduced.<\/p>\n

Here is a brief explanation of each option:<\/p>\n