In the Maslow Hierarchy of Needs, Those Needs That Are

question 237

Multiple Choice

In the Maslow hierarchy of needs, those needs that are concerned with love and friendship are referred to as ________ needs.

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

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Definitions:

Accounts Payable Turnover Ratio

A financial efficiency ratio that measures how many times a company pays off its suppliers during a specific period.

Interest Expense

The cost incurred by an entity for borrowed funds, shown as an expense on the income statement.

Interest Payable

A liability account representing the amount of interest expense that has been incurred but not yet paid by the company.

Current Liability

A liability that is expected to be paid off within a year's time or within the normal operating cycle of a business.