When the Mental Scale That People Use to Judge the Pleasantness-Unpleasantness

question 66

Multiple Choice

When the mental scale that people use to judge the pleasantness-unpleasantness of their experiences shifts so that their neutral point, or baseline, for comparison changes, _____ is said to have occurred

• A)subjective reality
• B)hedonic adaptation
• C)subjective well-being
• D)homeostasis

---

Definitions:

Liability Creation

The process of incurring obligations or debts by a company through its operations or financial activities.

Revenue Recognition

The accounting principle that dictates the specific conditions under which income becomes recognized as revenue.

Revenue Recognition Principle

An accounting principle that dictates the conditions under which revenue is recognized and recorded.

Performance Obligations

Promises in a contract to transfer goods or services to a customer, central to revenue recognition principles.