Explain a Sinking Fund

question 112

Essay

Explain a sinking fund.

---

Definitions:

Sigmund Freud

The founder of psychoanalysis, known for his theories of the unconscious mind, mechanisms of repression, and the importance of childhood experiences.

Frederick Taylor

An American engineer and management consultant who is known as the father of scientific management.

Employee Motivation

The level of commitment, drive, and energy that a company's workers bring to their roles each day.

Public Administrators

Individuals who implement public policies, manage governmental activities, and provide various services to the community within the public sector.