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A Need Is an Internal Force That Stimulates an Individual

question 74

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A need is an internal force that stimulates an individual to behave in a particular manner.


Definitions:

Refurbishment

The process of cleaning, decorating, and re-equipping to make something look new or to restore it to good condition.

Revenue Variance

The difference between a company's actual revenue and its budgeted or projected revenue over a given period.

Budgeting

The process of creating a plan to spend your money, which involves estimating revenues and expenses over a specified future period.

Fixed Costs

Costs that do not change with the level of output or sales in the short term.

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