At the Lower Levels of the Hierarchy of Needs, People

question 107

Multiple Choice

At the lower levels of the hierarchy of needs, people are motivated by

• A) fear.
• B) conscious goals.
• C) unmet basic needs.
• D) neurotic conflict.

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Definitions:

Net Income

Net income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Depreciation

The process of allocating the cost of a tangible asset over its useful life.

Net Income After Taxes

The profit a company retains after all operating expenses, interest, taxes, and preferred stock dividends have been deducted from total revenue.

Operating Costs

Operating costs are expenses associated with the maintenance and administration of a business on a day-to-day basis.