Commercial Pilot Licence (CPAER) – Canada · Question
Which budgeting approach starts from zero and requires justification for every expense line item, regardless of previous periods' spending?
Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. Every function within an organization is analyz
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Question: Which budgeting approach starts from zero and requires justification for every expense line item, regardless of previous periods' spending?
Answer options:
- Incremental budgeting.
- Activity-based budgeting. ✅ Zero-based budgeting.
- Flexible budgeting.
Correct answer: Zero-based budgeting.
Explanation: Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified for each new period. Every function within an organization is analyzed for its needs and costs, rather than simply adjusting the previous period's budget.
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Question explanations
- What is the minimum visibility required for a commercial VFR flight in Class D airspace at or below 3,000 feet
- What is the minimum age requirement to hold a Commercial Pilot Licence in Canada?
- Scenario 1: A commercial pilot conducting an IFR flight in Canadian airspace must hold which of the following
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