Author Question: When each new budget is based on the dollar amounts contained in the budget from the preceding year, ... (Read 68 times)

kellyjaisingh

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When each new budget is based on the dollar amounts contained in the budget from the preceding year, a company is using ____ budgeting.
 A) zero-base
  B) traditional
  C) cash
  D) capital
  E) production

Question 2

What is a market?



dyrone

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Answer to Question 1

B

Answer to Question 2

A market is a group of individuals or organizations, or both, that need products or services in a given category and that have the ability, willingness, and authority to purchase such products. Markets are typically categorized as consumer markets or business-to-business markets.



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