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Which of the following is NOT a method of budgeting?

Practice Questions

Q1
Which of the following is NOT a method of budgeting?
  1. Zero-based budgeting
  2. Incremental budgeting
  3. Performance budgeting
  4. Dynamic budgeting

Questions & Step-by-Step Solutions

Which of the following is NOT a method of budgeting?
  • Step 1: Understand what budgeting is. Budgeting is a way to plan how to spend money.
  • Step 2: Learn about different methods of budgeting. Common methods include traditional budgeting, zero-based budgeting, and incremental budgeting.
  • Step 3: Identify the methods listed in the question. Look for the one that is not commonly recognized.
  • Step 4: Recognize that dynamic budgeting is not a standard method of budgeting.
  • Step 5: Conclude that dynamic budgeting is the answer to the question, as it is NOT a recognized method of budgeting.
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