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What does ZBB mean?

A method of budgeting in which all expenses must be justified for each new period, starting from a 'zero base' rather than adjusting the previous budget.

ZBB in a sentence
The company adopted zero-based budgeting to eliminate waste and reallocate resources to more productive areas.

ZBB in German, French, Spanish and Italian

German
Nullbasisbudgetierung
also Zero-Based Budgeting, ZBB

Sehr zeitaufwendig, führt aber oft zu erheblichen Kosteneinsparungen.

French
Budget base zéro
also BBZ

Chaque dépense doit être justifiée à nouveau à chaque période.

Spanish
Presupuesto base cero

Exige justificar cada euro del presupuesto desde cero.

Italian
Bilancio a base zero

Metodo che richiede la giustificazione di ogni spesa per ogni nuovo periodo.

Common phrases with ZBB

  • implement ZBB
  • approach ZBB
  • process ZBB
  • justification ZBB
  • adopt ZBB
  • justify ZBB
  • fiscal year ZBB
  • method ZBB

Synonyms and opposites for ZBB

  • Synonym Zero-base planning
  • Opposite Incremental budgeting

More Accounting terms

All accounting terms →

ZBB is filed under