Thomas and Maya Have Been Married for Eight Years

question 38

Multiple Choice

Thomas and Maya have been married for eight years.Lately,Thomas has developed a drinking habit,and Maya tries to dissuade him from this habit.However,he drinks more than usual when Maya rebukes him.Thomas most likely exemplifies _____ in this scenario.

• A)impact bias
• B)psychological reactance
• C)the chameleon effect
• D)the autokinetic effect

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Definitions:

Journal

A formal accounting record in which transactions are logged before they are posted to ledger accounts, detailing the date, accounts impacted, and amounts involved in each transaction.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense over its useful life, reducing its book value on the balance sheet.

Operating Expense

Expenses incurred from normal business operations, including salaries, rent, utilities, and equipment depreciation.

Net Loss

The situation where a company's expenses exceed its revenues during a specific period, leading to a negative bottom line.