According to Abraham Maslow's hierarchy of needs theory, the highest level of needs is ________ needs.
A. esteem
B. social
C. self-actualization
D. physiological
E. safety
Answer: C
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Which of the following is not a derivative?
A) equity contract B) futures contract C) option contract D) swap contract
"Mutual agency" means that
a. a partnership has a limited life; b. any partner can bind the other partners to a contract; c. each partner is personally liable for all debts; d. partnerships are not subject to federal income taxes; e. no more than ten partners are allowed by law
Southeast Manufacturing Company has identified the following cost objects:Cost Object 1: The cost of operating the finishing departmentCost Object 2: The cost of a particular product made in JuneCost Object 3: The cost of operating the factoryWith respect to these cost objects, the cost of the salary of the supervisor of the finishing department is directly traceable to cost objects:
A. 1 and 3. B. 1 and 2. C. 2 and 3. D. 1, 2, and 3.
Firms must be aware of goals other than short-term profit maximization. One area of concern should be social responsibility, which is the
A. fact that court costs could impact the financial bottom line. B. idea that businesses are responsible for maintaining a healthy social climate for their employees. C. expectation that business will strive to improve the overall welfare of society. D. idea that organizations are solely responsible to local citizens.