An Ideal Financial Plan Should Have

question 8

Multiple Choice

An ideal financial plan should have:

• A) A summary at the beginning.
• B) A mix of written information, numbers through tables, and figures.
• C) A summary at the end.
• D) Both a and b.
• E) All of the above.

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Definitions:

Robin Leidner

A sociologist known for her work on labor processes, service work, and the ways in which jobs are structured and experienced.

Rationalization

The process of offering a logical, reasonable explanation or justification for behaviors or decisions, often as a way of making them appear more acceptable or appropriate.

Efficient

Efficient describes achieving maximum productivity with minimum wasted effort or expense, often relating to the optimal use of resources to obtain a desired outcome.

Bureaucratic Organization

A structured administrative system governing any large institution, characterized by fixed rules, a hierarchy of authority, and a detailed division of labor.