Gavos Corporation decided to increase its spending on activities related to creating a more efficient version of its best selling product. This increase in spending is likely to be found in the __________ budget.

Question

Quizplus · Accepted Answer

The increase in spending aimed at creating a more efficient version of a product falls under the research and development (R&D) budget. This budget is allocated for activities related to the development of new products or the improvement of existing ones.

Gavos Corporation Decided to Increase Its Spending on Activities Related