Long-range planning:a. Is prepared on a quarterly basis if the budget is prepared on a quarterly basisb. Generally presents more detailed information than an annual budgetc. Generally encompasses a longer period of time than an annual budgetd. Is usually more accurate than an annual budget

c. Generally encompasses a longer period of time than an annual budget

Explanation:

Long range planning can be regarded as a process that is use in creating vision in preparation for the future time which is Usually at range of five years to ten years., After creating the vision, documentation of the plans follows, then adoption of a strategic plans so that success can be recorded. This long range planning is usually engaged by a conservation district. It should be noted that Long-range planning Generally encompasses a longer period of time than an annual budget

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

answer(b) gdp is not affected by

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