At the Beginning of Fall Semester, Gillian Decided to Try

question 260

Multiple Choice

At the beginning of fall semester, Gillian decided to try out for several club sports teams. Upon her first attempt, Gillian did not make the team and decided not to try out for any other sport either, thinking to herself, "I failed at this, which means I'll probably fail at any other sport too." Gillian's thoughts are MOST representative of:

• A) mental filtering.
• B) all-or-none thinking.
• C) personalization.
• D) catastrophizing.

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Definitions:

Useful Life

The expected period of time during which an asset is useful to the average owner and can generate income or benefits.

Capital Fund

Resources accumulated by an entity to finance long-term projects or investment, not intended for regular operational expenses.

General Fund

The primary operating fund of a governmental entity, covering most basic governmental functions and activities.

Endowment Fund

A financial asset donation made to an institution that uses the resulting investment income for a specific purpose.