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According to Freud's psychosexual theory, children develop strong sexual attachments to the same-sex parent during the phallic stage.
Balance Sheet
A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
U.S. Dollars
The official currency of the United States, widely used as a standard or reference currency in international transactions.
Functional Currency
The primary currency of the primary economic environment in which an entity operates, typically used in its financial reporting.
Economic Environment
The conditions of the economic system in which an organization operates, including factors like inflation, employment rates, and gross domestic product.
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