______________ Is a Formal Process of Collecting,analyzing,cleansing,and Classifying Spending Data

question 26

Multiple Choice

______________ is a formal process of collecting,analyzing,cleansing,and classifying spending data.

• A)Spend analysis
• B)Budget analysis
• C)Spend classifying
• D)Budget classifying

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Definitions:

Job Security

the assurance that an individual will retain their job without the risk of becoming unemployed due to layoffs or business closures.

Productivity

A measure of the efficiency of a person, machine, system, or process in converting inputs into useful outputs.

Self-Actualization

The act of fulfilling one's innate abilities and potentials, recognized as a fundamental motivation or desire in every person.

Growth Needs

Psychological needs that drive an individual to achieve personal development and realizaiton, inspired by Maslow's higher-order needs.