Ngwama Has Been Asked to Interview for a Very Prestigious

question 122

Multiple Choice

Ngwama has been asked to interview for a very prestigious job.She knows that very few people who are interviewed will be offered jobs by this company.She turns down the interview because she is afraid of how terrible she will feel if she interviews and is not offered a job.In refusing the interview,Ngwama was influenced by:

• A) affective forecasting
• B) projected regret
• C) confirmation biases
• D) subjective likelihoods

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Definitions:

Interest Expense

An entity's expense from acquiring funds through loans over a specific time frame.

Notes Payable

Written agreements where a borrower agrees to pay back a sum of money to a lender by a certain date.

Cash

An asset account representing currency or currency equivalents that can be accessed immediately or near-immediately.

Salaries and Wages Expense

The total amount spent by a company on its employees' salaries and wages over a specific period.