What is Zero-based Budgeting? | Advantages, disadvantages of Zero-based budgeting.

In this video, I have discussed "What is Zero-based Budgeting?"
As the name says- Zero-Based Budgeting is a method of budgeting in which all expenses must be justified for every new period, rather than a traditional budget that is based on previous budgets.
Topics I have covered in this video are-
1. zero-based budgeting definition,
2. What are the steps involve in Zero Based Budgeting?
3. the Advantages of Zero-Based Budgeting, and
4. Disadvantages of Zero-Based Budgeting.

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