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Research tells us that students' misconceptions about a topic are often quite resistant to change,yet sometimes misconceptions must change if students are to acquire an accurate understanding of the world around them. Describe at least three teaching strategies that theorists believe should help students change their misconceptions about the world.
Continuous Budgeting
A method of budgeting that provides for maintaining a 12-month projection into the future.
Budget Procedure
The process of creating a plan to allocate resources and predict income and expenditures over a specific period.
Accounting Department
A department within a company responsible for managing financial records, ensuring compliance with standards, and providing financial reporting and analysis.
Static Budget
A budget that shows the expected results of a responsibility center for only one activity level; it is not changed, even if the activity changes.
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