Imagine a Small Retailer Saying, "Well, After Budgeting for All

question 192

Multiple Choice

Imagine a small retailer saying, "Well, after budgeting for all of our expenses for next year, we still have about $7500 remaining for emergencies. How about if we budget 20 percent of that amount for advertising?" What budgeting technique is the small retailer using?

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