A Limitation of Financial Budgets Is That They Can Hide

question 20

True/False

A limitation of financial budgets is that they can hide inefficiencies if based solely on precedent rather than on periodic evaluation of circumstances and standards.

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Definitions:

Hereditary Factors

relate to the traits and characteristics that are passed from parents to their offspring through genes.

Mentally Ill

A term referring to individuals who experience significant psychological disorders that affect their thinking, feeling, mood, and behavior.

Pleasant Living Conditions

Environmental and social circumstances that contribute to one's comfort and overall happiness.

Pinel

Refers to Philippe Pinel, a French physician credited with laying the foundation of modern psychiatry by advocating for humane treatment of the mentally ill.