Suppose That Wanda, Edgar, and Sue Are Three Lonely Individuals

question 118

Multiple Choice

Suppose that Wanda, Edgar, and Sue are three lonely individuals who all cope with their loneliness in differentways. Wanda has a large greenhouse with numerous plants, and she talks with her plants every morning as though they were close friends. Edgar, by contrast, strongly identifies with his favorite sports teams and comes to think of his attachments to these teams as relationships. Finally, Sue copes with her loneliness by watching several situation comedies, where she thinks of the characters on these shows as her friends. Which of these strategies is likely to be effective at alleviating loneliness?

• A)Wanda's-but not Edgar's or Sue's
• B)Edgar's-but not Sue's or Wanda's
• C)Wanda's and Edgar's-but not Sue's
• D)All three

---

Definitions:

Gain of $2,000

Represents an increase in wealth or resources, typically accounted for in financial statements when an asset is sold for more than its cost.

Estimated Useful Life

The expected period during which an asset is predicted to be usable for the purpose it was acquired.

Depreciation Expense

An accounting method to allocate the cost of a tangible asset over its useful life to represent wear and tear over time.

Straight-Line Method

A method of calculating depreciation that spreads the cost of an asset evenly over its useful life.