The Budget Method Is Based Upon All of the Following

question 62

Multiple Choice

The budget method is based upon all of the following except

• A)the amount of debt you owe.
• B)your annual income.
• C)the value of your existing savings.
• D)special expenses you will need.

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Definitions:

Kohlberg's Preconventional

The first level of Kohlberg's theory of moral development, characterized by an individual's understanding of morality based on punishment and reward.

Moral Development

The pattern of change in moral behaviour with age.

Reminiscing

The act of recalling and sharing memories, often fondly, from the past.

Presbyopia

Loss of elasticity of the lens and thus loss of ability to see close objects as a result of the aging process.