A florist who decides to budget five percent of last year's sales for promotional activities is using which of the following budgeting techniques?

Name: A florist who decides to budget five percent of last year's sales for promotional activities is using which of the following budgeting techniques?
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Question

Quizplus · Accepted Answer

The technique being used here is percentage-of-sales budgeting, as the florist is allocating a certain percentage (five percent) of last year's sales towards promotions.

A Florist Who Decides to Budget Five Percent of Last