As Both the FASB and the GASB Approved the AICPA

question 79

True/False

As both the FASB and the GASB approved the AICPA Health Care Guide,its requirements constitute Category A GAAP and must be followed by all health care organizations.

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Definitions:

Personality Theory

The study of personality that aims to understand the differences in individuals’ characteristics, behaviors, and thinking patterns.

Psychic Energy

In psychoanalytic theory, a fundamental concept representing the drive or force within the psyche that motivates human behavior.

Libido

To Freud, the form of psychic energy, manifested by the life instincts, that drives a person toward pleasurable behaviors and thoughts. To Jung, a broader and more generalized form of psychic energy.

Primary Motivation

The underlying drives or forces that stimulate action or behavior, often relating to basic needs such as hunger, thirst, or safety.