Information regarding many approaches to budgeting
Information regarding many approaches to budgeting can be found online. The following activity investigates the merits of “zero-based” budgeting, as discussed by Michael LaFaive, Director of Fiscal Policy of the Mackinac Center for Public Policy.Address: www.mackinac…./5928InstructionsRead the article at the website and answer the following questions.(a) How does zero-based budgeting differ from standard budgeting procedures?(b) What are some potential advantages of zero-based budgeting?(c) What are some potential disadvantages of zero-based budgeting?(d) How often do departments in Oklahoma undergo zero-based budgeting?
