The task method for budgeting marketing expenses:
A) means that a company budgets roughly what competitors budget for each item.
B) budgets last year's marketing expense ratio times FORECASTED sales.
C) might result in very different marketing expenses from year to year.
D) is the most commonly used method of setting budgets.
E) None of these alternatives is correct.

Question

Quizplus · Accepted Answer

The task method for budgeting marketing expenses involves setting the budget based on the specific tasks that need to be accomplished, which can lead to significant variations in marketing expenses from year to year depending on the goals and strategies of the company.

The Task Method for Budgeting Marketing Expenses