A Basic Assumption of Maslow's Hierarchy of Needs Is That

question 30

Multiple Choice

 A basic assumption of Maslow's hierarchy of needs is that ____. 

• A)most people are not capable of attaining their highest need
• B)psychological needs are less important than physiological needs
• C)one cannot satisfy self-esteem needs unless social needs are satisfied
• D)social factors outside of our control are the primary influence on our personalities

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Definitions:

Balance Sheet

A financial statement that provides a snapshot of a company's financial position by detailing its assets, liabilities, and equity at a specific point in time.

Lower of Cost

A principle that dictates inventory and other assets are recorded at the lesser of their historical cost or market value.

Generally Accepted Accounting Principles

A set of widely adhered to accounting principles and standards used in financial reporting.

Fair Value Accounting

An accounting approach where assets and liabilities are recorded at their current market value.