Todd Was Physically Abused Upto the Age of Eight

question 24

Multiple Choice

Todd was physically abused upto the age of eight. He is now 40 years old and he has absolutely no memories of the early abuse he experienced. According to Freud, Todd may be unconsciously dealing with the potential anxiety related to his abuse using the defence mechanism of

• A) projection.
• B) repression.
• C) reaction formation.
• D) regression.

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Definitions:

Reported Amount

The value of an item as presented in financial statements, considering the accounting principles and policies applied by the entity.

Capital Lease

A capital lease is a lease in which the lessee records the leased asset as if it has been purchased, creating both an asset and a liability on the balance sheet.

Economic Life

The estimated period over which an asset is expected to be economically usable, both for its original purpose or for other purposes.

Bargain Purchase Option

An option in a lease agreement that allows the lessee to purchase the leased asset at the end of the lease term at a price significantly lower than the expected fair market value.