An Employee Who Was More Worried About Having a Safe

question 27

Multiple Choice

An employee who was more worried about having a safe work environment and a financially sound pension plan than anything else would be most concerned with which of the following needs in Maslow's hierarchy of needs?

• A) self-actualization needs
• B) safety needs
• C) social needs
• D) physiological needs

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Definitions:

Accounts Payable

The amount owed by a business to its suppliers or vendors for goods and services purchased on credit.

Accrual Basis

An accounting method that records income and expenses when they are earned or incurred, regardless of when cash is exchanged.

Expenses

Costs incurred by a business or individual in the course of generating revenue, including operational costs and overheads.

Dividends Payable

A liability account on a company's balance sheet representing the amount of declared dividends that have not yet been paid out to shareholders.