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The Flow of Input Data for Budgeting Should Be from the Lowest

question 165

True/False

The flow of input data for budgeting should be from the lowest levels of responsibility to the highest level.


Definitions:

Outgroup Homogeneity Effect

cognitive bias referring to the tendency to see members of an outgroup as more similar to each other than members of one's ingroup.

Similar

Having traits or characteristics in common; alike in substance or essentials.

Individuals

Separate and distinct entities often referenced in the context of discussing unique persons or single members of a group.

Ethnocentrism

The belief that one's own culture, nation, or ethnicity is superior to all others.

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