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Author Question: Which of the following budgeting methods allocates resources based on percentage of anticipated ... (Read 110 times)

futuristic

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on: Jun 29, 2018
Which of the following budgeting methods allocates resources based on percentage of anticipated sales, percentage of unit anticipated sales, percentage of past sales, and percentage of unit past sales?
 a. ratio to sales c. quantitative
  b. competitive d. return on investment

Question 2

Which of the following is not a return-on-investment method of budgeting?
 a. objective task c. previous budget
  b. all you afford d. match competitors


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kjohnson

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

A
Definition of ratio-to-sales method of budgeting

Answer to Question 2

D
Matching competitors is a competitive-parity method.


futuristic

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

peter

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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