The _____ Method of Budgeting Is Being Employed When Expenditures

question 74

Multiple Choice

The _____ method of budgeting is being employed when expenditures are allocated based on 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

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