One of the problems with the percentage of sales budgeting method is:

A) deciding on the percentage level
B) finding a benchmark figure to use
C) the budget tends to change in the opposite direction of what may be needed
D) the competition knows how much the company will spend on advertising

C

Business

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Fill in the blank(s) with the appropriate word(s).

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Exemptions are expenses that a taxpayer is allowed to deduct from adjusted gross income.

a. true b. false

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