Sam, the CFO of XYZ Company, wants to prepare the annual capital expenditure budget for the
current year with reference to the capital expenditure budget of the previous year. The capital
expenditure budget is subdivided into multiple items, and the corporate calendar used at XYZ
Company has thirteen periods. Which budget rule must Sam use to minimize the effort.
A.
Prior year budget monetary and prior year budget statistical
B.
Prior year actual monetary and current year budget statistical
C.
Prior year budget monetary and current year budget statistical
D.
Current year actual monetary and current year actual statistical
E.
Current year budget monetary and current year budget statistical