What Three Differences Exist Between Long-Range Planning and Budgeting

question 72

Multiple Choice

What three differences exist between long-range planning and budgeting?

• A)amount of detail, content, and emphasis
• B)time periods involved, amount of detail, and content
• C)content, emphasis, and amount of detail
• D)emphasis, time periods involved, and amount of detail

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Definitions:

Oedipus Complex

According to Freud, a boy’s sexual desires toward his mother and feelings of jealousy and hatred for the rival father.

Pleasure Principle

A concept in psychoanalytic theory referring to the instinctual seeking of pleasure and avoiding of pain to satisfy biological and psychological needs.

Reality Principle

A psychoanalytic concept referring to the ability of the mind to assess the external world and act upon it accordingly, balancing with the pleasure principle.

Ego

In psychoanalytic theory, the part of the personality responsible for dealing with reality while satisfying the demands of the id and superego.