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The _____ Method of Budgeting Is Being Employed When Expenditures

Question 17

Multiple Choice

The _____ method of budgeting is being employed when expenditures are allocated based on the industry averages of advertising expenditures. The budget is set to maintain a level consistent with industry spending.


A) arbitrary allocation
B) percentage-of-sales
C) objective and task
D) return on investment
E) competitive parity

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