Which of the Following Statements Is TRUE of the Operating

question 136

Multiple Choice

Which of the following statements is TRUE of the operating budget?

• A) It is a part of the financial budget.
• B) It includes the capital expenditures budget.
• C) It includes the sales budget.
• D) Its final component is the cash budget.

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Definitions:

Abnormal Behaviour

Behavior that is deviant, maladaptive, or culturally inappropriate, which can be indicative of psychological disorder or mental distress.

Self-Actualization

In Abraham H. Maslow’s theory, an actualization of one’s potential arrived at by satisfaction of a hierarchy of needs visualized as a pyramid. At the base are biological or survival needs; the next step up is the need for friendship and affiliation; finally, there is an assurance of self-worth, which comes from giving and receiving love and from an internalized sense of self-esteem. In Maslow’s view, abnormal or dysfunctional behaviour results from a failure to attain the self-esteem necessary to achieve self-actualization.

Abraham Maslow

A psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Hierarchy of Needs

A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, from basic physiological needs to self-actualization.