When an Ad for a Master's Program Encourages Potential Students

question 52

Multiple Choice

When an ad for a master's program encourages potential students to "Realize your full potential," which level of Maslow's hierarchy of needs is being appealed to?

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

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Definitions:

Administrative Expense

Overhead or general expenses related to the day-to-day running of a business but not directly tied to production.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in the asset's value.

Amortization Expense

The gradual write-off of the cost of an intangible asset over its useful life.

Accrual Basis

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is actually received or paid.