Which of the Following Types of Budgets Is Based on the Cost

question 48

Multiple Choice

Which of the following types of budgets is based on the cost of customer acquisition and retention and the combination of new and retained customers?

• A)top-down budget
• B)customer-mix budget
• C)objective and task budget
• D)bottom-up budget
• E)total consumer budget

---

Definitions:

Enforce

To compel observance of or compliance with a law, rule, or obligation.

Verbal Agreement

A contract made orally rather than in writing, which can still be legally binding under certain conditions.

Restrict Competition

Legal or business strategies implemented to limit competition within a market, often scrutinized for fairness under competition law.

Void

Refers to a contract or legal agreement that lacks validity and is therefore unenforceable by law.