Which Budgeting Method Entails Defining Specific Promotion Goals, Determining the Necessary

question 165

Multiple Choice

Which budgeting method entails defining specific promotion goals, determining the necessary tasks, and estimating the costs to determine a promotion budget?

• A) percentage-of-sales method
• B) objective-and-task method
• C) affordable method
• D) exponential task method
• E) competitive-parity method

---

Definitions:

Unaccepted Draft

A written order to pay a specified amount that has not been accepted by the entity it is drawn upon, typically in international trade.

Drawee

The party directed by a draft or check to pay the specified amount, typically a bank.

Real Defenses

A limited set of defenses that can be used to challenge the enforceability of a negotiable instrument, including forgery, fraud, and duress.

Personal Defenses

Defenses used in legal contexts that are specific to an individual, often used to avoid enforcement of a contract or to combat allegations in civil or criminal cases.