Which of the Following Is the Most Logical Budget-Setting Method

question 47

Multiple Choice

Which of the following is the most logical budget-setting method?

• A) percentage-of-sales method
• B) affordable method
• C) competitive-parity method
• D) objective-and-task method
• E) push method

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Definitions:

Extinction

In behavior psychology, the process where a conditioned response decreases in frequency and eventually disappears when the reinforcement is withdrawn.

Punishment

A consequence given in response to an action or behavior that is deemed unacceptable, with the intent to discourage such behavior in the future.

Determined Behavior

Behavior that is purposeful and focused on achieving specific goals.

Self-control

The ability to regulate one's emotions, thoughts, and behaviors in the face of temptations and impulses.