People with a Pessimistic Explanatory Style Tend to Attribute Problems

question 41

Multiple Choice

People with a pessimistic explanatory style tend to attribute problems to

• A) external,stable,and global factors.
• B) internal,stable,and global factors.
• C) external,unstable,and global factors.
• D) internal,unstable,and global factors.

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Definitions:

Statement of Changes

Often refers to the statement of changes in equity or financial position, showing how equity values change over a period.

Statement of Income

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net income or net loss.

Equity

The value of ownership interest in the firm, calculated as total assets minus total liabilities.

Account Payable

Liabilities of a company that are owed to creditors or suppliers for purchases made on credit.