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Author Question: Which of the following budgeting methods is guided by the assumption that money spent today is an ... (Read 58 times)

Yi-Chen

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on: Jun 29, 2018
Which of the following budgeting methods is guided by the assumption that money spent today is an investment that is likely to pay off in sales tomorrow?
 a. return on expenditure c. expected return
  b. return on investment d. All of the above.

Question 2

Which of the following budgeting methods is based on statistical data from the company's archives?
 a. historical statistical c. past performance
  b. past data d. None of the above


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debra928

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B
Definition of return-on-investment method

Answer to Question 2

A
Definition of historical-statistical method


Yi-Chen

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

ghepp

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Reply 3 on: Yesterday
Excellent

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