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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Budgeting
What is probabilistic budgeting plz explain n how is the answer for no 215 bpp probabilistic budgeting n not zero based
Probabilistic budgeting is using the expected values when there is uncertainty (using the probabilities to calculate the expected values for each item in the budget).
That is nothing to do with zero-based budgeting which does not involve using probabilities at all, and does not take uncertainty into account.
