The owner of a nail shop that operates in a local strip mall told her daughter, "Well, after budgeting for all of our expenses for next year, we still have about $7,500 remaining for emergencies. Let's budget 20 percent of that amount for advertising." What budgeting technique is the retailer most likely using?

Question

Quizplus · Accepted Answer

The retailer is using the "all-you-can-afford" budgeting technique, where they allocate funds for advertising based on what is left after covering other expenses.

The Owner of a Nail Shop That Operates in a Local