What Is Voluntary Simplicity

question 38

Multiple Choice

What is voluntary simplicity?

• A)Volunteering your time and money to help a great cause
• B)A high-stress,complicated lifestyle in which consumption and materialism are increased
• C)Being resourceful when fulfilling your need for goods and services,using already owned items,and doing it yourself
• D)A simple,low-stress lifestyle where consumption and materialism are minimized

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Definitions:

Controllable Expenses

Costs that can be influenced by the decisions of a manager.

Profit Center Management

The administration of a segment of a business that is directly responsible for its own revenue and expenses, aiming to maximize profits.

Salaries

Fixed regular payments made by employers to employees, typically expressed on an annual basis but paid in smaller increments such as monthly.

Departmental Personnel

Staff or workers who belong to a specific department within an organization, each contributing to its functional objectives.