Sometimes the Basis for One's Belief Is Discredited but an Explanation

question 24

Multiple Choice

Sometimes the basis for one's belief is discredited but an explanation of why the belief might be true survives. Social psychologists refer to this as:

• A)rationalization.
• B)cognitive dissonance.
• C)attitude consistency.
• D)belief perseverance.

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Definitions:

EPS

Earnings Per Share, indicating the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company’s profitability.

Preferred Stock

A class of stock that offers certain advantages over common stock, typically including fixed dividend payments and priority over common stock in asset liquidation.

Rate of Return

The advancement or decline in an investment’s worth over a stipulated period, framed as a percentage of the original investment amount.

Par Value

The face value of a bond or a stock as stated by the issuing company, which does not necessarily match the market value.