Which of the following statements regarding the objective and task method of determining ex-penditure levels for selling expense categories is true?

Which of the following statements regarding the objective and task method of determining ex-penditure levels for selling expense categories is true?









a. It is probably the most popular method for establishing selling budgets.
b. This method calculates an expenditure level for each category by multiplying an ex-penditure percentage times forecasted sales.
c. This method uses typical expenditure percentages provided by readily available published sources.
d. Each sales manager prepares a separate budget request; these are reviewed and through an iterative process selling budgets are approved.
e. This method separates out the major ac-counts, which are then budgeted for individually.















Answer: D


Sales Management

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