Acronym (Acronym: an abbreviation formed from the initial components in a phrase or sentence, typically written in uppercase.) as in strong fondness

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Zero-based budgeting

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Example Sentences

Example:While PPBS relies on past data, zero-based budgeting starts fresh each period without carrying forward previous expenditures.

Definition:A budgeting process where all expenses must be justified for each new period, regardless of previous budgets.

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