Using the ________ for budgeting,the budget is determined based on whatever is left over after other budget responsibilities have been met.
A)percentage-of-sales method
B)objective-task method
C)historical method
D)competitive method
E)all you can afford method

Question

Quizplus · Accepted Answer

The all you can afford method is the only method listed that fits the description of determining the budget based on what is left over after other obligations have been met. The other methods listed involve more objective measures, such as sales or specific tasks, and do not necessarily depend on what is left over after other expenses.

Using the ________ for Budgeting,the Budget Is Determined Based on Whatever