The untrue Statement Is

question 39

Multiple Choice

The untrue statement is:

• A)A properly prepared budget is a motivating device
• B)An improperly prepared budget can have a negative effect on motivation
• C)Managers should be given sole responsibility for setting their own budget targets so that they are motivated to achieve these targets
• D)The budgeted level of performance should be attainable with a reasonably efficient amount of effort.

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Definitions:

Market Crashes

Market crashes represent dramatic declines in stock market values over a short period, often leading to widespread financial panic.

Market Bubbles

A phenomenon where the prices of assets in a particular market rise rapidly to levels far beyond their intrinsic values, often followed by a sharp decline.

Asian Market Crash

A significant and rapid decline in stock prices across major Asian stock markets.

Confirmation Bias

The predisposition towards identifying, understanding, prioritizing, and retaining info that supports and confirms preconceived notions or assumptions.