Jeff Willis Has a Budget That He Follows Each Month

question 64

Multiple Choice

Jeff Willis has a budget that he follows each month. He has used Microsoft's Money to help him determine what he wants to spend each month. At the end of the month, Money automatically compares what he budgeted with what he spent. Jeff can also graph these results if he wants to. What type of budget has Jeff created?

• A) Mental budget
• B) Physical budget
• C) Written budget
• D) Computerized budget
• E) None of these

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Definitions:

Leadership Style

The approach and method a leader uses to inspire, guide, and manage a group of people.

John W.Thompson

An American technology executive, currently the chairman of Microsoft.

Collectivism-societal

A cultural value that emphasizes the importance of cohesion within social groups, prioritizing the goals of the group over individual ambitions.

Collective Distribution

The sharing or spreading of resources or benefits among members of a group.