The Potential for Dissonance Reduction to Produce a Succession of Self-Justifications

question 34

Multiple Choice

The potential for dissonance reduction to produce a succession of self-justifications that ultimately result in a chain of stupid or immoral actions is called a(n)

• A) guilty trap.
• B) rationalization trap.
• C) self-affirmation theory.
• D) counter-attitudinal advocacy.
• E) uncertainty conundrum.

---

Definitions:

Book Value

The net value of a company's assets as found on its balance sheet, calculated by subtracting total liabilities from total assets.

Adjustment

Changes made to the financial records at the end of an accounting period to reflect true and fair values.

Unearned Fees

Income received by an entity for services yet to be provided and is recorded as a liability until the service is rendered.

Net Income

The net income a company earns following the subtraction of all taxes and expenses from its revenues.