Which form of budgeting involves taking a fixed percentage of some criterion such as sales as the basis for the research budget?
A) Rule-of-thumb budgeting
B) Percentage-of-sales budgeting
C) Departmental budgeting
D) Task budgeting
E) functional-area budgeting

Question

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The Answer of Which form of budgeting involves taking a fixed percentage of some criterion such as sales as the basis for the research budget?
A) Rule-of-thumb budgeting
B) Percentage-of-sales budgeting
C) Departmental budgeting
D) Task budgeting
E) functional-area budgeting

Which Form of Budgeting Involves Taking a Fixed Percentage of Some