The First Two Steps in Budgeting Are

question 7

Multiple Choice

The first two steps in budgeting are

• A)evaluating what you earn and subtracting what you spend.
• B)seeing what you make and making decisions about what to spend.
• C)determining what you make and determining what you spend.
• D)determining what you spend and reducing spending.

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Definitions:

Internal Locus

A psychological perspective where individuals believe they have control over the events in their lives.

Corporate Culture

The shared values, beliefs, attitudes, and norms that characterize an organization and guide its practices and behaviors.

Informal Relationships

Personal or casual associations that develop without formal structures or rules, often based on social interactions or acquaintanceships.

Integrity

The characteristic of being truthful and upholding solid ethical standards, or the condition of being intact and unified.