Needs That We Learn in Response to Our Parents, Social

question 50

Multiple Choice

Needs that we learn in response to our parents, social environment, and interactions with the environment are called ________ needs.

• A) primary
• B) biogenic
• C) acculturated
• D) psychological
• E) innate

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Definitions:

Liability

A financial obligation or debt owed by a company to another entity, which must be settled in the future through the transfer of assets or services.

Petty Cash

Petty cash is a small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

Cash Payments

Transactions where money is paid out by a business or individual in exchange for goods or services.

Writing Checks

The process of completing a check to make a payment from a bank account.