The _____ method of budgeting is being employed when expenditures are allocated by an analysis of expenditures for all aspects of producing and marketing the product.The ad budget is determined by making sure a certain amount is not exceeded.
A)arbitrary allocation
B)percentage of sales
C)affordable
D)return on investment
E)competitive parity

Question

Quizplus · Accepted Answer

The affordable method of budgeting involves setting the budget based on what the company believes it can afford, ensuring that expenditures do not exceed a certain amount.

The _____ Method of Budgeting Is Being Employed When Expenditures