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A Common Use of Managerial Contingency Funds Would Be For

question 23

Multiple Choice

A common use of managerial contingency funds would be for:

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Definitions:

Framing

The way information is presented or structured, influencing perception and decision-making.

Overestimating

The action of assessing something or someone as greater, larger, or more important than it is in reality.

Over-optimism

The tendency to be too confident or hopeful about future events or outcomes, often leading to underestimating risks.

Prospects

Potential customers or clients who have shown interest in a company's product or service.

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