Those Needs Which Are Basic to Survival and Which Must

question 308

Multiple Choice

Those needs which are basic to survival and which must be satisfied first are

• A)physiological needs.
• B)safety needs.
• C)social needs.
• D)personal needs.
• E)self-actualization needs.

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Definitions:

Normal Balance

The side (debit or credit) of an account that is increased, reflecting the account's natural balance.

Asset Account

An account that records the value of assets owned by a company, such as cash, inventory, and equipment.

Financial Statement

A record that details the financial activities and conditions of a business or individual, commonly including the balance sheet, income statement, and cash flow statement.

Financial Statement

Formal records of the financial activities and position of a business, individual, or other entity, typically including the income statement, balance sheet, and statement of cash flows.