In this method of budgeting, the spending level might be based on the number of new customers desired and the percentage of current customers that the firm must retain to leverage investments in already established relationships.
A) Basing the budget on the job to be done.
B) Basing the budget on any uncommitted revenue.
C) Setting the budget as a certain number of cents or dollars per sales unit.
D) Matching expenditures with competitors.
E) Setting the budget based as a certain number of dollars per person.

Question

Quizplus · Accepted Answer

Basing the budget on the job to be done involves setting spending levels based on specific goals or objectives, such as acquiring new customers or retaining existing ones. The other options listed involve setting spending levels based on more general factors like revenue or competition, which may not be as effective in achieving specific business objectives.

In This Method of Budgeting, the Spending Level Might Be