In the context of Maslow's hierarchy of human needs, people motivated at the first level are concerned with
A. the need for respect from others.
B. the nature of work that they do.
C. physical and economic survival.
D. the need for security and predictability in their lives.
Answer: C
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Fraud is an intentional act involving the use of deception that results in a material misstatement of the financial statements
a. True b. False Indicate whether the statement is true or false
Which of the following is a cash outflow for a financing activity on the statement of cash flows?
A) payment of interest on a loan B) payment for purchasing Merchandise Inventory C) payment of dividends D) payments to the government for taxes
"Production orientation" refers to the attitudes of
A. anyone who doesn't practice the marketing concept. B. production managers. C. financial managers. D. accountants. E. sales managers.
Figures Incorporated makes a single product-an electrical motor used in many long-haul trucks. The company has a standard cost system in which it applies overhead to this product based on the standard labor-hours allowed for the actual output of the period. Data concerning the most recent year appear below: Budgeted variable manufacturing overhead$66,570 Budgeted hours 21,000labor-hoursStandard hours allowed for the actual production 18,000labor-hoursActual variable manufacturing overhead$56,736 Actual hours 19,700labor-hoursThe variable overhead efficiency variance is: (Round your intermediate calculations to 2 decimal places.)
A. $5,389 F B. $4,896 U C. $5,389 U D. $4,896 F