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Trust Funds Often Exist Over a Longer Period of Time

question 28

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Trust funds often exist over a longer period of time than agency funds,represent and develop vested interests of a beneficiary to a greater extent,and involve more complex administration and financial accounting and reporting.


Definitions:

Functionalism

A school of psychology that focuses on the purpose and adaptive functions of human behavior and mental processes.

Sensations

Basic experiences resulting from the stimulation of the senses, including sight, sound, taste, touch, and smell.

Feelings

Emotional states or reactions that are subjectively experienced as being different from cognitive assessments, thought processes, and beliefs.

Naturalistic Observation Method

A study approach where individuals are monitored in their original surroundings, with no intervention by the researcher.

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