Fiscal Discipline Only Applies to Maintaining Short-Term Control of the Totals

question 23

True/False

Fiscal discipline only applies to maintaining short-term control of the totals in the budget.

---

Definitions:

Accommodation Strategy

A cognitive process described by Piaget, where individuals adjust their existing schemas or develop new ones to incorporate new information.

Assimilating

The process of absorbing new information into our previously existing schemas or understanding, especially noted in the context of learning and cognitive development.

Transitivity

In mathematics, a property indicating that if a relation holds between a and b, and b and c, then it also holds between a and c. In linguistics, it refers to a property of verbs that require both a subject and one or more objects.

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief or behavior or for a chain of reasoning.