The budgeting method that relies upon figuring out whatever is left over is known as the ______________ method.
A) Zero-based
B) Objective-and-task
C) Percent-of-sales
D) Comparative-parity
E) All-you-can-afford

Question

Quizplus · Accepted Answer

The budgeting method that relies upon figuring out whatever is left over after all other expenses have been accounted for is known as the "All-you-can-afford" method. This method is not recommended because it does not take into account the company's goals, revenues, and expenses, and may lead to overspending or missed opportunities for investment. Other budgeting methods, such as zero-based budgeting, objective-and-task budgeting, and percent-of-sales budgeting, are more effective in aligning expenses with the company's goals and resources.

The Budgeting Method That Relies Upon Figuring Out Whatever Is