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What Budgeting Principle or Process Involves Developing a Budget by Using

Question 20

Multiple Choice

What budgeting principle or process involves developing a budget by using last year's budget as the base and adding an amount to cover the increased costs of doing business (inflation) and any new programs?


A) Zero-based budgeting
B) Incremental budgeting
C) The program planning budgeting system (PPBS)
D) Deficit budgeting
E) Cost analysis

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