Esther Has Been Studying for a University Entrance Exam and Worrying

question 30

Multiple Choice

Esther has been studying for a university entrance exam and worrying about doing badly for over two months.She carries vocabulary flash cards and sheets of math problems everywhere.She has not been sleeping well,and this morning she felt a bad cold coming on.Esther is apparently being affected by

• A)unrealistic expectations.
• B)"senior-itis."
• C)chronic stress.
• D)hypochondria.

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Definitions:

Fair Value

A valuation of an asset or liability determined by the price it would fetch if sold, or the cost to transfer it, in a smooth transaction among participants in the market.

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate periods.

Debt Investments

Financial investments in debt instruments, such as bonds or mortgages, where the investor lends money to a borrower in exchange for interest payments.

Unrealized Loss

A loss that results from holding onto an asset that has decreased in price, but has not actually been sold for a loss.