Good morning!
I'd like to ask about zero based budgeting question from Speciment exam.
Two statements
1) Employees will focus on eliminating wasteful expenditure
2) Short-term benefits could be emphasised over long-term benefits
The asnwer is that both statements are true.
The first one is ok, but why the second one is true? Why short-term benefits could be emphasised if zero-based budgets are mostly used for large long-term projects?
Ask the Tutor ACCA PM
Zero based budgeting
It should not be true for the reason you state, however it 'could' be true because it is used as part of the short-term budgeting exercise and long-term effects may not be given as much attention as they should.
ok, I see, thank you!
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