Which budget development approach typically yields the most accurate maintenance financial plan?

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Multiple choice — select the best answer

AFixed percentage of asset replacement value
BPrevious year's budget plus inflation
CZero-based budgeting with activity-based justification
DIndustry average maintenance spending

✓ Correct answer: C. Zero-based budgeting with activity-based justification Zero-based budgeting with activity-based justification typically yields the most accurate maintenance financial plan because it requires each expense to be justified based on actual needs rather than historical spending patterns.

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