Liabilities Are Defined As

question 67

Multiple Choice

Liabilities are defined as:

• A)earnings retained in the business.
• B)amounts owed to lenders or creditors.
• C)stockholders' claims to assets.
• D)future economic benefits of a company.

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Definitions:

Self-Actualized

The realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Self-Actualizing

The process of realizing and fulfilling one's talents, capacities, and potentialities, becoming more fully oneself.

Cognitive Needs

Cognitive needs are the mental requirements of an individual for understanding, discovering, and making sense of the world around them.

Hierarchy of Needs

A theory by Abraham Maslow outlining a pyramid of human needs, from basic physiological needs to the need for self-actualization.