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Developing Budgets by Using Last Year's Budget as the Base

Question 7

Multiple Choice

Developing budgets 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 is called


A) deficit budgeting.
B) the program planning budgeting system (PPBS) .
C) incremental budgeting.
D) zero-based budgeting.
E) cost analysis.

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