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The Principle of __________ Can Be Summarized as "If You

question 30

Multiple Choice

The principle of __________ can be summarized as "if you don't use it,you lose it."

Understand the concept and importance of a budget in personal finance.
Identify different sources of income for college students, including student loans, scholarships, grants, and work-study programs.
Differentiate between fixed and variable expenses.
Recognize the necessity of tracking expenses to effectively manage a budget.

Definitions:

Mentoring

A development relationship where a more experienced individual guides and advises a less experienced person.

Job Rotation

A workplace strategy involving the periodic transfer of employees between different jobs or tasks to broaden their skills and reduce monotony.

On-The-Job Training

Training provided to employees at their workplace while they are doing their actual job tasks, often involving hands-on experience.

Programmed Learning

An educational technique that utilizes a series of self-paced and structured learning materials, allowing individuals to learn at their own pace with immediate feedback.

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