The Best Approach to Solve the Problem of an Annual

question 36

Multiple Choice

The best approach to solve the problem of an annual budget deficit is to:

• A)liquidate more assets than required to meet the budget shortfall for the year.
• B)borrow funds on credit cards.
• C)reduce flexible expenditures on nonessential items.
• D)reduce fixed expenses.
• E)reduce high-priority expenses on the budget.

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Definitions:

Extraversion

A personality trait describing someone as outgoing, talkative, positive, and sociable.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well.

Attitude

Learned predisposition to respond to a person, object, or idea in a favorable or unfavorable way.

Belief

Way in which you structure your understanding of reality-what is true and what is false for you.