A Basic Assumption of Maslow's Theory Is That

question 21

Multiple Choice

A basic assumption of Maslow's theory is that:

• A) lower-level needs must be satisfied before higher-level needs become motivators.
• B) higher-level needs must be satisfied before lower-level needs become motivators.
• C) there are more ways to satisfy lower-level needs than there are ways to satisfy higher-level needs.
• D) a need that has been satisfied can continue to serve as a motivator.

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Definitions:

Variable Overhead Rate Variance

The difference between the actual overhead rate incurred and the standard overhead rate that was expected, multiplied by the actual hours worked.

Direct Labor-Hours

The total hours worked by employees directly involved in the production process, used as a basis for allocating manufacturing overhead.

Standard Ounces

A measure used to standardize the weight of precious metals like gold and silver, commonly set at one troy ounce.

Standard Cost

The set cost for producing one unit or multiple units over a certain time frame under standard conditions.