According to Maslow's Hierarchy of Needs, Which of the Following

question 55

Multiple Choice

According to Maslow's hierarchy of needs, which of the following needs does a company satisfy when it organizes a picnic or holiday party for its employees?

• A) Physiological needs
• B) Safety needs
• C) Self-awareness needs
• D) Belongingness needs
• E) Self-actualization needs

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Definitions:

Cost of Goods Sold

An accounting term referring to the direct costs attributable to the production of the goods sold by a company, including materials and labor.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Spreadsheet

A digital document comprised of rows and columns, used to organize, calculate, and manage data, commonly through software like Microsoft Excel or Google Sheets.

Job-Order Costing

An accounting system that tracks costs individually for each job, suitable for custom or unique product manufacturing.