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Question
Imagine a small retailer saying, "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 small retailer using?
A. percentage of sales budgeting
B. competitive parity budgeting
C. objective and task budgeting
D. all-you-can-afford budgeting
E. linear forecast budgeting
Answer
This answer is hidden. It contains 131 characters.
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