Which of the Following Is a Defining Feature of Instrumental

question 49

Multiple Choice

Which of the following is a defining feature of instrumental values?

• A)They are based on your actions and attitudes.
• B)They typically maintain high priority throughout your life.
• C)They are related to long-term goals.
• D)They are the goals you want to achieve during your lifetime.

---

Definitions:

Incremental Approach

A decision-making process that focuses on analyzing the financial impact of small or incremental changes in operations or business activities.

Budgeting

The process of creating a plan to spend your money, outlining projected income and expenses.

Self-Imposed Budget

A budget that is created with the input and agreement of lower and middle management employees, improving commitment and enforcement.

Control

The process of monitoring and regulating operations and activities to ensure they meet certain standards or objectives.