The _____ Method of Budgeting Is Being Employed When Expenditures

question 39

Multiple Choice

The _____ method of budgeting is being employed when expenditures are allocated according information about industry averages for advertising.The budget is set to maintain a level consistent with industry spending.

• A)arbitrary allocation
• B)percentage of sales
• C)objective and task
• D)return on investment
• E)competitive parity

---

Definitions:

Taney

Roger B. Taney, the fifth Chief Justice of the United States, best known for delivering the majority opinion in the Dred Scott v. Sandford case, which declared that African Americans could not be American citizens and negated the Missouri Compromise.

American Global Economic System

The international economic influence and policies of the United States, including trade practices, investment flows, and the promotion of free market principles.

Jacksonian Democrats

Members of the Democratic Party during the presidency of Andrew Jackson, advocating for the common man and against entrenched interests.

Tariff of Abominations

The informal name given to the Tariff of 1828, which protected industry in the northern United States but harmed Southern economic interests by raising prices on imported goods.