Choice Architects Know That Whether Something Feels Like a Loss

question 11

Multiple Choice

Choice architects know that whether something feels like a loss or gain often depends on how:

• A)it is framed.
• B)often the decision is made.
• C)much time you have to make the decision.
• D)large the outcome is.

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Definitions:

Operating Activities

Activities that constitute the primary or main activities of a business, like sales, provision of services, production, etc., which are reflected in the cash flow from operating activities in the financial statements.

Net Income

The amount of money a company earns after deducting all its expenses, taxes, and costs from its total revenue.

Net Cash

The net cash position resulting from deducting cash outflows from cash inflows.

Investing Activities

Financial transactions related to the purchase and sale of long-term assets and other investments, reflecting how a company allocates its resources to generate future growth and income.