Research Indicates That People Are Relatively Attracted to Others Who

question 174

Multiple Choice

Research indicates that people are relatively attracted to others who are familiar to them as well as to others who have a history of shared experiences. Research also suggests that these effects ____.

• A)are deeply rooted in the human psyche and have a long evolutionary history
• B)can largely be explained by simple principles of classical conditioning
• C)are relatively recent phenomena, which may well be by-products of modern, postindustrial life
• D)vary enormously across cultures and thus appear to be culturally learned

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Definitions:

Accrual

Accrual accounting records revenues and expenses when they are earned or incurred, regardless of when cash transactions occur.

Loss Contingencies

Possible financial losses that companies may face as a result of future events that have uncertain outcomes, necessitating disclosure in financial statements if they are both probable and estimable.

Gain Contingencies

Gain contingencies are potential increases in economic benefits to an organization that arise from events whose outcomes or realizations are uncertain until they occur.

Fiscal Year

A one-year period that companies and governments use for financial reporting and budgeting, which does not necessarily align with the calendar year.