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Budgets Are Normally Used by Both Profit-Making Businesses and Nonprofit

question 95

True/False

Budgets are normally used by both profit-making businesses and nonprofit organizations.


Definitions:

Functional Fixedness

a cognitive bias that limits a person to using an object only in the way it is traditionally used, hindering problem-solving and creativity.

Restructuring

A cognitive behavioral therapy technique involving the identification and modification of negative or irrational thoughts.

Functional Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used, hindering the ability to see alternative uses or solutions.

Mental Set

A framework or mindset that shapes how a person approaches problems, based on previous experiences and perceptions.

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