On the Basis of Research Evidence, the Two Basic Needs

question 12

Multiple Choice

On the basis of research evidence, the two basic needs categories are:

• A) tangible and intangible needs
• B) physiological and psychological needs
• C) higher-order and lower-order needs
• D) extrinsic and intrinsic needs
• E) realized and unrealized needs

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Definitions:

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies and to reflect this in the profit and loss statement proportionally to their ownership level.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but does not fully control the company, typically 20%-50% ownership.

Proportionate Share

An individual's or entity's part or share of something in relation to the whole, usually expressed as a percentage.