Alios recently changed jobs to become the Southeast sales manager for Waycom Electronics. He previously worked for Marcom. His first month with company, he received a budget that reflected his sales goals for the next year. This surprised him because he had always developed his sales revenue goals for the next year. When he questioned the VP of Sales at Waycom, he was told that that was not part of his responsibility at Waycom. Which of the following is true?
A) Marcom was using a participative budget, and Waycom is using an imposed budget.
B) Marcom was using an imposed budget, and Waycom is using a zero-based budget.
C) Waycom is using a rolling budget, and Marcom was using a participative budget.
D) Waycom is using a rolling budget, and Marcom was using an imposed budget.
Correct Answer:
Verified
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