In Deciding Where to Go to College, Sophie Was Torn

question 114

Multiple Choice

In deciding where to go to college, Sophie was torn but finally picked Faber College over State University. Which of the following facts would be least likely to lead her to experience post-decision dissonance?

• A) State has a good football team and a cool mascot; Faber has not won a game in three seasons and its mascot is an 18^th century French explorer.
• B) State is less expensive than Faber.
• C) All of the Faber professors she looks up on www.ratemyprofessor.com have lousy teaching ratings.
• D) She overhears her college counselor referring to State as a "safety school."

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Definitions:

Spreadsheet Method

The spreadsheet method involves using software applications with rows and columns to organize, calculate, and analyze data, often for accounting and financial planning.

Retained Earnings

These are the profits that a company has decided to keep or reinvest in the business rather than distribute to shareholders as dividends.

Analyzing Noncash Accounts

Examining accounts that involve transactions not involving cash, such as depreciation, amortization, and accrued expenses.

Outflow of Cash

Financial transactions that result in the expenditure of cash from a business, such as payments for expenses, investing activities, and financing activities.