According to Maslow's Hierarchy of Needs,our First and Most Basic

question 11

Multiple Choice

According to Maslow's hierarchy of needs,our first and most basic need is

• A) ensuring enough money into and past retirement.
• B) succeeding at job or work.
• C) protection from outside enemies.
• D) shelter,nourishment,and water.

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Definitions:

Finance Lease

A type of lease agreement where the lessee assumes substantially all the risks and rewards of ownership of the asset.

IFRS

International Financial Reporting Standards, which are international accounting guidelines for preparing financial statements.

Lessee

A person or entity that leases an asset from another, acquiring the right to use the asset for a specified period in exchange for periodic payments.

Revenue Recognition

The accounting principle that determines the specific conditions under which revenue is recognized or accounted for.