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Many Companies Set Promotion Expenditures at a Specified Percentage of Current

Question 43

Multiple Choice

Many companies set promotion expenditures at a specified percentage of current or anticipated sales,or of the sales price.This method of budgeting is called ________.


A) objective-and-task method
B) percentage-of-sales method
C) affordable method
D) competitive parity method
E) none of the above

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