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According to the process of motivation,a need produces motivation which leads to
Contingent Liability
A potential financial obligation that may occur in the future, depending on the outcome of a specific event.
Financial Statements
Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.
Social Security Tax
A tax that funds the Social Security program, which provides benefits for retired workers, disabled individuals, and their dependents.
Fiscal Year-End
The completion of a one-year, or 12-month, accounting period, after which a company will prepare financial statements.
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