Using the ________ for budgeting,the budget is determined by estimating how much it will cost to accomplish the objectives for each promotional activity.
A)percentage-of-sales method
B)objective-task method
C)historical method
D)competitive method
E)all you can afford method

Question

Quizplus · Accepted Answer

The objective-task method is the most appropriate choice for budgeting by estimating the cost to achieve each goal of the promotional activity. This method is based on determining the specific objectives of the promotional campaign and estimating the costs necessary to achieve those objectives. By using this method, the company can ensure that their promotional activities are in line with their strategic goals and objectives.

Using the ________ for Budgeting,the Budget Is Determined by Estimating