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Which of the Following Is True of Childcare

question 63

Multiple Choice

Which of the following is true of childcare?


Definitions:

Previous Year's Budget

The financial plan containing income and expenditure for the prior year, used as a reference or benchmark for current financial planning.

Forecasting

The process of predicting future events, trends, and behaviors based on historical data and analysis.

Objective Setting

The process of establishing specific, measurable, attainable, relevant, and time-bound (SMART) goals for an organization or individual.

Planning

The process of outlining organizational goals, strategies, and actions necessary to achieve those goals.

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