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*24) TRUE or FALSE: Administration of budgets is free of emotions as budgets are mechanical tools.*

Objective 6.6

1 Answer

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Final answer:

Budget administration is not free of emotions despite being a financial tool. Emotions can influence budgetary decisions, and managing emotions through metacognition is advisable to maintain objectivity.

Step-by-step explanation:

The statement is false. Administration of budgets often involves emotional aspects since they are related to people's work, expectations, and goals.

Although budgets are indeed a tool used for planning and controlling financial resources, the decision-making process involved in creating and managing budgets can evoke strong emotions.

When emotions run high, individuals are advised to utilize metacognition tools. This means reflecting on the source of these emotions and attempting to manage them effectively to ensure objective and rational decision-making.

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