A Budget Is Not Intended to Help You Determine

question 44

Multiple Choice

A budget is not intended to help you determine

• A) how much money you will have at the end of each month.
• B) a plan for spending all of your income on current needs.
• C) how much you can allocate for the future.
• D) how to prevent excessive spending to achieve financial goals.

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Definitions:

Deviance

Behaviors or actions that violate societal norms and expectations, which can vary widely between cultures and settings.

Organizational Imperative

A crucial or essential action, policy, or procedure that is considered necessary for the successful operation of an organization.

Chambliss

Likely referring to William J. Chambliss, a sociologist known for his research on the sociology of law, crime, and deviance.

Red Tape

Excessive bureaucracy or adherence to rules and formalities, often causing delay or unnecessary complexity in decision-making processes.