Question

How does program planning budgeting differ from zero-based budgeting?

Answer 1

Solution.

Program Planning Budgeting	Zero-based Budgeting
1.This represents the traditional method of recording budget of an organization.	1.This is the advanced and developed method for recording and analyzing budget of an organization.
2.It is prepared taking into account last accounting period data and forecasts for book keeping purposes.	2.It is prepared keeping in hand the activities and information for current determined time to analyse on costs and projected gains/loss.
3.It is incremental approach of budgeting.	3.It is straight forward approach of budgeting.