What Premise Is Maslow's Hierarchy of Needs Based On

question 9

Multiple Choice

What premise is Maslow's hierarchy of needs based on?

• A)All needs are equally important.
• B)Basic needs must be met before the next level of needs can be met.
• C)Self-actualization is a primary need.
• D)Individuals prioritize needs the same way.

---

Definitions:

Ending Inventory

The total value of all unsold goods remaining at the end of an accounting period.

Recent Invoices

The latest billing statements or documents issued by a seller to a buyer, relating to a sale transaction and indicating the products, quantities, and agreed prices.

Full Disclosure Principle

The accounting principle that requires companies to fully disclose on their financial reports changes in accounting procedures and methods along with effects of the change as well as justification for change.

Inventory Valuation Method

The approach used to assess and report the value of a company's inventory, including methods such as FIFO (First In, First Out), LIFO (Last In, First Out), and average cost.