If a Person Is Told Repeatedly That She or He

question 38

Multiple Choice

If a person is told repeatedly that she or he is not a good student, eventually this person might come to believe it to be true, stop studying, and receive failing grades. This scenario is an illustration of __________.

• A) ​a self-fulfilling prophecy
• B) ​civil inattention
• C) ​survival of the fittest
• D) ​false consciousness

Understand the sequential order and interdependence of different types of budgets within the master budgeting process.

Recognize the role and preparation of sales, production, and cash budgets in the budgeting process.

Understand the importance and method of estimating sales and cash receipts for budgeting purposes.

Grasp the concept of budget revision methods including continuous and rolling budgets.

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Definitions:

Articles of Organization

Official papers submitted to state authorities to formally establish a limited liability company (LLC).

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.

Certificate of Authority

A certificate of authority is an official document granting a company the license to do business in a particular jurisdiction outside of its original registration.

Franchise Agreements

are legal contracts between the owner of a trademark, brand, or business system (franchisor) and an individual or entity (franchisee), granting the right to operate a business under the franchisor's model and brand.