In Our Hectic Modern World, It Is Often Tempting to Just

question 472

Multiple Choice

In our hectic modern world, it is often tempting to just get by, rather than taking full advantage of all the options available on our advanced, complex new devices.This behavior is referred to as

• A) satisficing.
• B) complacency.
• C) pseudostupidity.
• D) compensatory usage.

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Definitions:

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.

Equity Method

A method of accounting where an investor recognizes its share of the profits and losses of an investee, adjusting the carrying value of its investment accordingly.

Impairment

A permanent reduction in the value of an asset to below its carrying amount, reflecting a decline in its fair value.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.