After the Budget Is Created,it Is Important to

question 98

Multiple Choice

After the budget is created,it is important to

• A) File the budget in a safe deposit box.
• B) Compare it to the previous budget.
• C) Track spending and identify variances.
• D) Pay attention only to expenses that are more than 10 percent of your salary.
• E) None of these are true since budgets are just estimates.

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Definitions:

Anal Expulsive

A term from Freudian psychoanalysis referring to a personality type that emerges from an unorganized and lenient approach to toilet training, often resulting in a messy, careless, or defiant character.

Oedipus Complex

A conflict of the phallic stage in which the boy wishes to possess his mother sexually and perceives his father as a rival in love.

Electra Complex

A psychoanalytic concept, proposed by Freud, suggesting a girl's sense of competition with her mother for the affections of her father.

Social Cognitive Theory

A theoretical framework that emphasizes the role of observational learning, social experience, and reciprocal determinism in the development of personality and behavior.