Which of the Following Is Not a Decision Involved in Managing

question 65

Multiple Choice

Which of the following is not a decision involved in managing your liquidity?

• A) Deciding how much money to keep in savings
• B) Choosing between credit cards
• C) Determining how much money to save versus how much to spend
• D) Building and maintaining a monthly/yearly budget with allocations to expenses and investments

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Definitions:

Ethical Mindfulness

An approach to ethics that emphasizes awareness and consideration of ethical implications and consequences in decision-making.

Conscious Decision

A choice made with full awareness and thoughtful consideration, as opposed to actions taken impulsively or without deliberation.

Amoral Manager

An individual who makes decisions without considering the ethical implications, focusing solely on business outcomes.

Ethical Role Models

Individuals whose behaviors, actions, and decisions serve as examples of ethical conduct and principles.