Question

Each fiscal year, Dwayne is allocated an operating budget and then evaluated based on the amount of goods produced by his organization. Dwayne's performance is evaluated on a(n) _______ budget approach.

Answer 1

Answer: profit

Explanation: Dwayne's performance is being evaluated on a profit budget aoproach as it entails an evaluation or calculation involving the allocated operating budget will contain the revenue accrued from sales and the expenditure, which is the amount of money apportioned to a particular section of a business targeted at catering for the cost involved in production. The net difference between the expenditure and the revenue accused will show the profit generated. This is the profit budget approach.