Which Top-Down Budgeting Method Is Being Employed When Expenditures Are

question 42

Multiple Choice

Which top-down budgeting method is being employed when expenditures are allocated by assigning a budget based on gut feelings?

• A) Percentage of sales
• B) Arbitrary allocation
• C) Affordable method
• D) Payout planning

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Definitions:

Materialist Philosophy

Materialist philosophy asserts that material conditions determine human consciousness and social structures, prioritizing the physical and tangible aspects of existence over ideas or spiritual conjectures.

Consciousness

The state or quality of awareness, or being aware of an external object or something within oneself, often considered a complex mental state.

Morality

Principles or rules concerning the distinction between right and wrong or good and bad behavior.

Social Facts

Aspects of social life that exist outside and independently of individual consciousness and exert influence on individual behavior, as conceptualized by Émile Durkheim.