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Scott believes very strongly that saccharine is an unsafe sugar substitute that may even cause cancer. Even though Scott is diabetic, and thus should be using sugar substitutes, he often opts for sugar-laden foods and drinks to avoid saccharine. "I'll just exercise more later; the sugar isn't a big deal. I'm really being healthier by avoiding saccharine," he thinks to himself. Scott's behavior and thoughts are examples of __________ in the face of cognitive dissonance.
Accounts Payable
The total sum a business must pay to its suppliers or creditors for products and services obtained on credit.
Inventory
Goods and materials that a business holds for the ultimate goal of resale, production, or utilization in manufacturing.
Receivable Turnover
A financial metric indicating how efficiently a company collects revenue from its credit customers by measuring the number of times average accounts receivable are collected during a period.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.
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