The Assumption That Means Accountants Ignore Inflation Is

question 6

Multiple Choice

The assumption that means accountants ignore inflation is:

• A)the stable monetary unit assumption.
• B)the going concern assumption.
• C)the monetary assumption.
• D)the prudence assumption.

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Definitions:

Herzberg's Two-Factor Theory

A motivation theory which suggests that there are two sets of factors that influence job satisfaction in the workplace: hygiene factors and motivators.

ERG Theory

A theory of human needs and motivation developed by Clayton Alderfer, which condenses Maslow's hierarchy into three core needs: Existence, Relatedness, and Growth.

Progressive Need Gratification

Progressive need gratification refers to the ongoing process of satisfying one’s needs and desires in a stepwise or continuous manner.

Existence Need Category

Basic human needs related to physical and material well-being, such as food, water, shelter, and safety.