IIA Exam IIA-CIA-Part3 Topic 4 Question 6 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam

Question #: 6
Topic #: 4

Which of the following is a key characteristic of a zero-based budget?

AA zero-based budget provides estimates of costs that would be incurred under different levels of activity.

BA zero-based budget maintains focus on the budgeting process.

CA zero-based budget is prepared each year and requires each item of expenditure to be justified.

DA zero-based budget uses input from lower-level and middle-level managers to formulate budget plans.

Show Suggested Answer

Suggested Answer: C

by Jolene at May 06, 2022, 08:13 PM

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