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According to Piaget's theory of cognitive development, which of the following statements is correct?
Budgets
Financial plans that outline expected income and expenditure over a specific time period, used by individuals, businesses, and governments to guide economic decision-making.
Qualitative Forecasting
The method of forecasting outcomes based on non-numerical information such as expert opinion, rather than quantitative data.
Expert Opinions
Judgments or advice given by individuals with extensive knowledge or expertise in a particular area.
Procedures
Established sequences of actions or steps designed to achieve specific tasks or processes within an organization.
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