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Which of the following is the lowest need in A.H.Maslow's hierarchy of needs theory?
Balance Sheet Approach
A method of estimating allowances and provisions based on the balances of assets and liabilities, rather than focusing primarily on income statement items.
Income Statement Approach
A method of accounting or financial analysis focusing on revenues, expenses, and net income to evaluate a company's performance over a period.
Net Credit Sales
Sales made on credit minus returns and allowances, representing the actual sales revenue expected to be collected.
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