A Budget System That Involves Envelopes,folders,or Containers to Hold Money

question 84

Multiple Choice

A budget system that involves envelopes,folders,or containers to hold money or slips of paper is called a

• A) Mental budget.
• B) Physical budget.
• C) Written budget.
• D) Computerized budget.
• E) Allocated budget.

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Definitions:

Animism

The attribution of life and intentionality to inanimate objects.

Artificialism

The belief in developmental psychology that aspects of the environment and events are controlled by human or superhuman agents.

Latency

A period of time during which a process or condition exists or continues without manifesting significant signs or symptoms of its presence or any forthcoming changes.

Cognitive Development

The process by which an individual's ability to think, understand, and learn evolves over the course of their life.