Use the Following to Answer Questions

question 7

Multiple Choice

Use the following to answer questions :
Scenario II
Lazarus and Folkman (1984) proposed a three-step model of coping.People first make primary appraisals to determine if stimuli are stressful or not.If a stimulus is determined to be a stressor,people make secondary appraisals to determine if they can be successfully handled.The cognitive-behavioural strategies used to actually deal with stressors are termed coping styles.While coping styles can be classified in different ways,they usually involve either approaching (rational coping) or avoiding or repressing (repressive coping) the stressful stimulus.Rational coping has both problem-focused and emotional components and typically involves an acceptance of,exposure to,and understanding of the stressor.In addition to repressive and rational coping,a coping style based on reframing involves changing the way one thinks about a stressor to reduce its threat.
-(Scenario II) After being suspended by his professional sports team for an entire season as a result of violating its substance abuse policy,a high-profile athlete will not discuss his drug use with the press,projects an obviously false positive outlook,and focuses on continuing his career after his suspension ends.The athlete is demonstrating a(n) _____ coping style.

• A)repressive
• B)problem-based rational
• C)emotion-based rational
• D)reframing

Appreciate the importance of financial statement notes and disclosures.

Identify the role of major regulatory bodies in accounting.

Understand revenue recognition principles.

Grasp the structure of the balance sheet and its elements.