In One Study, Participants Were Told That They Had Either

question 69

Multiple Choice

In one study, participants were told that they had either done well or poorly on a test, and were then given the opportunity to participate in an ostensible study on alcohol preferences. What were the findings?

• A) Those participants who believed they did poorly drank less wine.
• B) Those participants who believed they did poorly drank more wine.
• C) Among those participants who believed they did poorly, existing levels of private self-consciousness predicted higher levels of drinking.
• D) Among those participants who believed they did poorly, there was no relationship between existing levels of private self-consciousness and levels of drinking.

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Definitions:

Functional Currency

The currency of the primary economic environment in which an entity operates and generates cash flows.

Goods Sold

The total quantity or value of products that have been purchased by customers within a given period.

Accounting Exposure

The risk that a company's financial statements can be affected by changes in exchange rates, influencing the reported earnings and financial position.

Apparent Gain

A perceived increase in value or profit that might not reflect the actual financial condition or performance.