Which of the Following Examples Contradicts the Central Idea Behind

question 102

Multiple Choice

Which of the following examples contradicts the central idea behind Abraham Maslow's "pyramid" of needs?

• A) a person willing to do degrading jobs to buy food
• B) a person willing to put himself in danger in order to fight for social justice
• C) a person whose basic needs are met, so he can work on bettering himself spiritually
• D) a person unwilling to share their home with a stranger

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Definitions:

Inventory

The raw materials, work-in-progress goods, and finished products that a business holds for the purpose of sale in the ordinary course of business.

Single-Step Income Statement

A simplified income statement that calculates net income or loss by subtracting total expenses from total revenues in one step.

Multiple-Step

An income statement format that segregates operating revenues and expenses from non-operating revenues, expenses, gains, and losses.

Revenues

Revenue that comes from regular business activities, factoring in discounts and allowances for products that are returned.