Which One of the Following Are the Three Needs Identified

question 11

Multiple Choice

Which one of the following are the three needs identified in the three-needs theory of motivation?

• A) need for achievement, need for admiration, need for power
• B) need for achievement, need for power, need for affiliation
• C) need for power, need for achievement, need for affection
• D) need for power, need for affirmation, need for affiliation

Identify the purpose, components, and standards of a good financial statement analysis report.

Apply the concepts of vertical and horizontal financial statement analysis.

Assess short-term and long-term credit risk and profitability ratios between companies.

Calculate sales trend percentages and understand their implications.

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Definitions:

Capital Decrease

A reduction in the amount of equity owned by shareholders or owners of a company, often resulting from losses or distribution of dividends.

Salary Allowances

Salary allowances are specific amounts designated in an individual’s salary package for purposes like housing, travel, medical expenses, etc., often with tax implications.

Partnership Income

The earnings generated by a partnership that are distributed to its partners according to their agreement.

Income Summary

An account used in the closing process that summarizes the revenues and expenses of an accounting period, to determine the net income or loss.