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The writing off of a debtor's account as a bad debt when no allowance for doubtful debts has been made will see:
Rewards
Benefits, both intrinsic and extrinsic, given to individuals or groups for achieving specific goals or performing at a high level.
Self-actualization
A psychological state or level of growth where an individual realizes and fulfills their own potential and capabilities.
Maslow's Hierarchy
A psychological theory proposed by Abraham Maslow that categorizes human needs into a five-tier model in the shape of a pyramid, starting from basic physiological needs to self-actualization at the top.
McClelland
David McClelland, a psychologist known for his work on motivation and the theory of Needs, including Achievement, Affiliation, and Power.
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