________ bases a period's expenditure level for a discretionary item on the amount spent on that item during the previous period.
A)Zero-based budgeting
B)Periodic budgeting
C)Incremental budgeting
D)Continuous budgeting

Question

Quizplus · Accepted Answer

Incremental budgeting bases the expenditure level for a period on the amount spent on that item during the previous period, with adjustments made for any anticipated changes or growth. This approach assumes that the previous spending level was appropriate and only minor adjustments are needed.

________ Bases a Period's Expenditure Level for a Discretionary Item