Budgets Identify, Gather, Summarize, and Communicate

question 2

Multiple Choice

Budgets identify, gather, summarize, and communicate

• A) financial data only.
• B) financial and nonfinancial data.
• C) nonfinancial data only.
• D) none of these.

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Definitions:

Self-Actualization

The motivation to develop one’s full potential as a human being—the highest and most elusive of Maslow’s proposed needs.

Esteem

A social psychological construct representing an individual’s overall subjective emotional evaluation of their own worth.

Belongingness

A human emotional need to be an accepted member of a group, whether it is friends, family, or co-workers.

Competence

The ability to do something successfully or efficiently, often referring to a specific skill or set of skills.