As you prepare next year's budget, should you start from scratch and use zero-based budgeting? Weigh these considerations before you do. (Baseline)
Which budgeting approach best fits your needs? For starters, download this Excel quiz. Answer the True and False questions below, then scroll to the key to see how your responses break down. While some aspects of each of the three approaches may describe your company, you should think seriously about pursuing the type of budgeting in the category where you answer the most questions "True."
For more information about zero-based budgeting before taking this quiz, read "Starting From Zero
, September 2003).