Which of the Following Is the Best Example of a Self-Fulfilling

question 114

Multiple Choice

Which of the following is the best example of a self-fulfilling prophecy?

• A) When poor school children are expected to perform less well than wealthy school children
• B) When an athlete visualizes a superior performance and then goes out and actually wins
• C) When minority candidates perform more poorly in interviews because interviewers act on their expectations that these candidates are unprepared
• D) When people focus on the first information they have about another individual when making an impression

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Definitions:

Allowance for Doubtful Accounts

A contra-asset account representing estimated uncollectible accounts receivable due to the customer's inability to pay.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Direct Write-off

A method for recognizing bad debt expense when a specific account receivable is determined to be uncollectible, directly reducing accounts receivable and recognizing the expense.

Bad Debt Expense

An accounting expense recognized for receivables that are no longer considered collectible, impacting both the balance sheet and income statement.