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Which of the following is a drawback of David McClelland's three-needs theory?
Adjusted Trial Balance
A statement listing all accounts and their final balances after adjustments, used to verify the balance of debits and credits.
Unadjusted Trial Balance
A list of all the general ledger accounts and their balances at a specific point in time, before any adjustments are made.
Income Summary
An account used in the closing process that aggregates all revenues and expenses to determine the net income or loss for a specific period before transferring the balance to the retained earnings.
Retained Earnings
The portion of net income that is kept by the company rather than distributed to its shareholders as dividends.
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