The Highest Order of Maslow's Hierarchy of Needs Is __________

question 5

Short Answer

The highest order of Maslow's hierarchy of needs is __________.

Apply FASB concepts concerning expected cash flows to calculate present value of uncertain cash flows.

Explain the concept of time value of money and its relationship with the interest concept.

Understand the lower of cost or market (LCM) principle and its applications.

Comprehend the constraints on market value: ceiling, floor, and net realizable value.