Budgeting for promotion expenditures by computing a percentage of past or expected sales
A)is the most common method of setting the promotion budget.
B)is a complex method of budgeting.
C)will increase promotional expenditures when business is poor.
D)is especially suitable for new products.
E)None of these answers is correct.

Question

Quizplus · Accepted Answer

The most common method of budgeting for promotion expenditures is to compute a percentage of either past sales or sales expected in the future.

Budgeting for Promotion Expenditures by Computing a Percentage of Past