In the objective and task method to budget setting, managers closest to the marketing effort do not have specific strategies to achieve the objective.
Answer the following statement true (T) or false (F)
False
The major advantage of the objective and task method is that the budget is driven by the objectives to be attained. The managers closest to the marketing effort will have specific strategies and input into the budget-setting process.
You might also like to view...
In order to have a harmonious organizational environment, one must ______.
A. understand the differences and similarities between workers B. only focus on the things that make us different from one another C. take many different diversity classes D. focus on self-leadership
The cases of Enron and Bernard Madoff go beyond a question of ethics because in both cases_____
A) laws were clearly broken B) many people were hurt C) billions of dollars were involved D) no harm was intended and they had good reasons for what they did
How did Patricia Anderson's car get rear-ended?
a. The car stalled on the freeway and she was trying to get off the freeway when she was rear-ended b. She was rear-ended by a car going 70 mph as she sat at a stop sign c. She was not rear-ended; her car exploded at a stop sign d. None of the above
Kesterson Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$6.20 Direct labor$3.10 Variable manufacturing overhead$1.35 Fixed manufacturing overhead $14,000Sales commissions$1.50 Variable administrative expense$0.40 Fixed selling and administrative expense $4,500 If 6,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:
A. $63,900 B. $64,800 C. $55,800 D. $80,700