In public budgets, zero based budgeting was first introduced in
(A) USA
(B) UK
(C) France
(D) Sweden
Question Asked : SSC Combined Matric Level (Pre) Exam 2001
Explanation : Zero-based budgeting is an approach to planning and decision-making which reverses the working process of traditional budgeting. This technique of budgeting was developed by Peter Pyhrr in the United States and was first implemented at Texas Instruments in the 1960s. In 1973, President Jimmy Carter contracted with Pyhrr to implement a ZBB system for the State of Georgia executive budget process.
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