Sean Is an Optimist

question 43

Multiple Choice

Sean is an optimist.According to Seligman,Sean's explanatory style for failures would be couched in which of the following types of terms?

• A) those that are internal,stable,and global
• B) those that are external,stable,and global
• C) those that are external,temporary,and specific
• D) those that are internal,temporary,and specific

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Definitions:

Gain or Loss

The financial result of selling an asset for more or less than its purchase price, respectively.

Fixed Asset Turnover

A financial ratio that measures a company's effectiveness in generating revenue from its fixed assets, such as property, plant, and equipment.

Sales

The activities involved in selling goods or services in return for money or other compensation.

Beginning Fixed Assets

The value of a company's long-term tangible assets at the start of a fiscal period.