A Budgeting Method That Allocates Funds to a Promotion as a Percentage

question 223

Multiple Choice

A budgeting method that allocates funds to a promotion as a percentage of past or anticipated sales, in terms of either dollars or units sold, is referred to as ________ budgeting.

• A) percentage of sales
• B) competitive parity
• C) all-you-can-afford
• D) objective and task
• E) linear forecast

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Definitions:

Business Processes

Structured activities or tasks that produce a specific service or product for a particular group of customers.

SCM

Supply Chain Management; it involves the management of the flow of goods and services.

ERP

Enterprise Resource Planning is software utilized by companies for the daily management of business operations including accounting, procurement, project management, and manufacturing.

TPS

Transaction Processing System, a type of information system that collects, stores, modifies and retrieves the data transactions of an enterprise.