Which of the Following Describes a Cohort Effect

question 81

Multiple Choice

Which of the following describes a cohort effect?

• A)when a research finds that people differ on some psychological variable depending not on their age per se, but in the era in which they were born and lived.
• B)when a researcher finds that people differ on some psychological variable depending not on the era in which they were born and lived per se, but on their chronological age.
• C)when a researcher compares two groups of people born in the same year to distinguish psychological variables between them.
• D)when a researcher tracks a group of people of different ages over the same period of time.

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Definitions:

Contingent Liability

A contingent liability is a potential financial obligation that may arise depending on the outcome of an uncertain future event.

Accrual

A bookkeeping approach that logs income and expenditures at the time they occur, irrespective of the timing of actual cash transactions.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, presenting the financial results and health of the entity.

Onerous Contract

A contract in which the unavoidable costs of meeting the obligations under the contract exceed the economic benefits expected to be received under it.