Lebo Lives in a Middle Class Neighborhood

question 59

Multiple Choice

Lebo lives in a middle class neighborhood.It really isn't anything special, but most of Lebo's friends live in smaller homes in lower class neighborhoods, so Lebo thinks of herself as well-off.When Lebo compares her home to the homes of her friends, she is making a(n) ____.

• A)upward social comparison
• B)downward social comparison
• C)internal attribution
• D)external attribution

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Definitions:

Financial Statements

Official records that detail the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Intracompany Comparisons

The analysis and comparison of financial data or operational metrics within the same company over different periods or between different departments.

Significant Trends

Significant trends are notable long-term movements or directions in data that reveal important patterns, especially in economic or financial contexts.