Departmental budgeting means that research budgets are determined by _____.
A. allocating the same amount to research that competing firms allocate
B. the contributions of various departments to fund department-specific projects
C. evaluating projects on a case-by-case basis
D. taking a fixed percentage of some criterion
E. allocating whatever is left after covering other required expenditures
Ans: B. the contributions of various departments to fund department-specific projects
Business
You might also like to view...
As tourist destinations grow in popularity, services are usually added to meet increased levels of demand.
a. true b. false
Business
Which one of the following would not cause a bank to debit a depositor's account?
a. Bank service charge b. Collection of a note receivable c. Wiring of funds to other locations d. Checks marked NSF
Business