An Example of Electronic Funds Transfers (EFT)is Using an Automated

question 6

True/False

An example of electronic funds transfers (EFT)is using an automated teller machine to withdraw cash.

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Definitions:

Lowest Level Need

Refers to the most basic or foundational requirements in a hierarchy of needs, typically associated with physiological or survival needs.

Personal Needs

Personal needs refer to the essential requirements necessary for an individual to achieve basic satisfaction, including physical, social, and psychological needs.

Need For Achievement

A psychological trait characterized by a strong desire to accomplish challenging tasks and meet high standards of success.

Maslow Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy from basic physiological needs to higher levels of psychological needs and self-fulfillment.