A Budget That Adds a New Month at the End

question 4

Multiple Choice

A budget that adds a new month at the end of the budget when a month is completed,resulting in a budget that is always one year in advance is a:

• A)Flexible budget.
• B)Static budget.
• C)Continuous budget.
• D)Capital budget.

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Definitions:

Dan McAdams

An American psychologist known for his work in personality psychology and the development of a theory of personality based on narrative identity.

Identities

The various ways in which an individual perceives themselves or is recognized within a community, including aspects of personal, social, and cultural identity.

Dopamine

A neurotransmitter involved in reward, motivation, memory, attention, and even regulating body movements.

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotions toward social interaction.