If You Want to Have a Friend, Be a Friend

question 19

Multiple Choice

If you want to have a friend, be a friend. This statement is most consistent with which of the following concepts?

• A) Proximity.
• B) Reciprocity.
• C) Matching hypothesis.
• D) Mere exposure effect.

---

Definitions:

Bond Discount

Bond discount occurs when a bond is issued for less than its face value, with the discount amount representing the difference between the bond's face value and issued price.

Carrying Value

The book value of assets and liabilities reported on the balance sheet, calculated as original cost less any depreciation, amortization, or impairment costs.

GAAP

Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction.

Market Value

The current price at which an asset or service can be bought or sold in a fair and open market.