Michael Is 16 Years Old

question 11

Multiple Choice

Michael is 16 years old. Which stage of development is he currently in, according to Freud?

• A) phallic stage
• B) oral stage
• C) genital stage
• D) latency period

---

Definitions:

Petty Cash

A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.

Disbursements

Cash payments made by a business, including those for expenses, loan payments, or distributions to investors.

Employees As Wages

Compensation in the form of money paid to employees for their labor or services.

Independent Internal Verification

An audit process carried out by employees within the company who are not directly involved in the operations being examined, to ensure accuracy and compliance.