The procedure of allocating a fixed amount of funds for capital spending to each business unit is called:
A) Marginal spending.
B) Average spending.
C) Soft rationing.
D) Hard rationing.
E) Marginal rationing.

Question

Quizplus · Accepted Answer

Soft rationing refers to the practice of allocating a fixed budget for capital expenditures to different business units within a company, often due to internal financial constraints.

The Procedure of Allocating a Fixed Amount of Funds for Capital