In the Hierarchy of Needs, Financial Security Would Be an Example

question 101

Multiple Choice

In the hierarchy of needs, financial security would be an example of a need.

• A)personal
• B)social
• C)physiologic al
• D)safety

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Definitions:

Equipment Depreciation

The process of allocating the cost of physical assets used in a business over their expected useful lives specifically for equipment.

Resource Consumption

The amount of raw materials, energy, or other resources used by an organization in its operational activities.

Time-Driven

A costing method or approach that allocates costs based on the actual time required to perform a process or activity.

Activity-Based Costing

A pricing strategy that allocates overhead and indirect expenses to associated goods and services in proportion to their use of resources.