One Way We Maintain Cognitive Consistency Is by Inferring That

question 36

Multiple Choice

One way we maintain cognitive consistency is by inferring that we must have liked a product (have a positive attitude) because we bought it. This is a key feature of which theory?

• A) looking glass
• B) objective self-awareness
• C) self-perception
• D) role playing

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life.

Percentage Depletion

A tax deduction method for accounting natural resource depletion, calculated as a percentage of gross income from the resource.

Product Warranty Costs

Expenses associated with repairing or replacing products under warranty, reflecting the cost of product guarantees to customers.

Contingent Liabilities

Possible obligations that arise from past events and whose existence and amount will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events.