The _____ Method Is the Most Common and the Procedure

question 8

Multiple Choice

The _____ method is the most common and the procedure consists of setting a year's budget as a proportion of the year's anticipated sales.

• A)objective-and-task
• B)percentage of sales method
• C)competitive parity method
• D)return on sales method

---

Definitions:

Wholly Owned Subsidiary

A company whose entire stock is held by another company, making it 100% owned by the parent company.

Targeted Share Repurchase

A strategy used by companies to buy back shares specifically from certain shareholders, often to avoid a takeover threat.

Supermajority

A requirement for a high percentage of votes, typically greater than a simple majority, to approve a proposal or motion.

Defensive Tactic

Strategies employed by companies to prevent or deter unwanted takeover bids or corporate raiders.