Which of the following is the most logical budget-setting method?

Question

Quizplus · Accepted Answer

The objective-and-task method is the most logical budget-setting method because it involves setting specific objectives, identifying the tasks necessary to achieve those objectives, and then determining the costs associated with each task. This method ensures that the budget is directly tied to the goals and objectives of the company, rather than being based on arbitrary percentages or what competitors are doing.

Which of the Following Is the Most Logical Budget-Setting Method