Eric Gets a C on His Science Quiz,and Rationalizes His

question 3

Multiple Choice

Eric gets a C on his science quiz,and rationalizes his performance by telling himself that he did not do too badly considering most of his friends got a D.In this scenario,Eric is making a(n) _____ social comparison.

• A)upward
• B)positive
• C)downward
• D)negative

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Definitions:

Operating Activities

Activities that relate to the primary operations of a company, such as selling products or services and administrative expenses.

Taxes

Compulsory charges imposed by governments on individuals or entities to fund public services and infrastructure.

Investing Activity

Transactions involving the purchase and sale of long-term assets and investments, part of a company's cash flow statement that indicates how funds are used and generated.

Corporation

Business organization that is both a legal and accounting entity.