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The self-fulfilling prophecy (also called the Pygmalion effect) occurs when an assessment of someone that is false ultimately causes that individual to engage in behaviors that confirm it. Which of the following models of social behavior makes predictions consistent with this pattern?
Overhead Budget
An estimation of variances and anticipated indirect costs associated with the normal operations of a business.
CVP Graph
A visual representation of the Cost-Volume-Profit analysis, showing the relationship between cost, volume, and profit.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, making it more useful for planning and control purposes.
Fixed Costs
Expenses that do not vary with the level of production or sales over the short term.
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