As a budgeting method, which approach is simple and fiscally conservative but offers no other benefits for the organization?

A) principal accounting method
B) cost-per-media method
C) affordable method
D) objective-and-task method
E) percentage-of-sales method

Affordable Method

A budgeting technique where the cost of an action or project is determined based on what is financially feasible.

Principal Accounting Method

The main system a business uses to maintain its financial records and prepare financial statements, such as accrual or cash basis accounting.

Budgeting Method

A systematic approach to managing income and expenses, ensuring that financial resources are allocated efficiently.