Aye Corp Sells Common Shares on a Subscription Basis

question 78

Multiple Choice

Aye Corp. sells common shares on a subscription basis. The Common Shares account should be credited when the

• A) shares are subscribed for.
• B) first payment is made.
• C) last payment is made.
• D) last payment is made and the shares are issued.

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Definitions:

Esteem Needs

According to Maslow, these are the fourth level in the hierarchy of needs, involving the desire for self-esteem, strength, competence, and respect from others.

Preference To Be Alone

The tendency or inclination of an individual to seek solitude and avoid social interactions.

Intrinsic Motivation

Motivation based on internal factors such as organismic needs (competence, relatedness, and autonomy), as well as curiosity, challenge, and fun.

Extrinsic Motivation

Motivation driven by external rewards or punishments rather than by the inherent satisfaction of the activity itself.