Answer:
An activity-based approach refines a costing system by focusing on individual activities as the fundamental cost objects. It uses the cost of these activities as the basis for assigning cost objects such as products or services.
Explanation:
This is a costing system that works by allocating costs to different cost items based on the activity level of these items. This as opposed to traditional costing methods, assigns indirect or overhead cost to products or services less arbitrarily through identifying products or services with most activity or less activity and allocating costs to them based on this measurement.
Advances were made in medicine and technology
Answer:
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Explanation:
According to Maslow's need hierarchy, you have to satisfy the lowest tier of the hierarchy first before you are motivated to accomplish the higher tiers. These tiers, starting from the lowest, are physiological needs (food, shelter,etc.), safety needs, belongingness and love needs (relationships, friends and family), esteem needs (accomplishments) and self-actualization (reaching full potential). This is problematic for Vincent because he hasn't satisfied the lower 2 tiers yet.