The ___________ method calculates an expenditure level for each category by multiplying an expenditure percentage times forecasted sales.
A) objective and task
B) expenditure projection
C) cost-justification
D) zero-based budgeting
E) percentage-of-sales

Question

Quizplus · Accepted Answer

The method described in the question is known as the percentage-of-sales method, where an expenditure level is calculated for each category by multiplying an expenditure percentage by forecasted sales.

The ___________ Method Calculates an Expenditure Level for Each Category