You plan to use the Copy Budget function to create a budget for next year based on this
year’s budget. Income and cost are projected t increase by 4%. How should you create the
new budget?

A.
Set Source to G/L Entry and enter an Adjustment Factor of 4%.

B.
Set Source to G/L Entry and enter an Adjustment Factor of 1.04.

C.
Set Source to G/L Budget Entry and enter an Adjustment Factor of 4%.

D.
Set Source to G/L Budget Entry and enter an Adjustment Factor of 1.04.