CIMA BA2 And P1 Theory: Zero-Based Budgeting

Zero-based budgeting is essential for your CIMA BA2 and P1 exams. It is a form of budgeting in which every item must be justified before it can be added to a budget - nothing is automatic!

In this video, CIMA P1 expert Peter Stiff introduces zero-based budgeting. Peter shows you:
+Which kinds of organisations are well-suited to this style of budgeting
+The advantages and disadvantages of zero-based budgeting
+A realistic example of how zero-based budgeting can be applied in an everyday context

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