If We Observe Others in a Crowd Smiling, Then We

question 98

Multiple Choice

If we observe others in a crowd smiling, then we smile and according to the facial feedback hypothesis:

• A) we adjust our smile to match those round us
• B) we react emotionally by feeling happy
• C) we feel drowsy
• D) we are not as happy as we were before
• E) none of the above

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Definitions:

Uncertain Future Events

Events whose occurrence and impact cannot be predicted with certainty, often requiring risk management and contingency planning.

Contingent Liability

A possible obligation that arises from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the entity.

AASB 137

refers to an Australian accounting standard concerning the recognition and measurement of provisions, contingent liabilities, and contingent assets.

Financial Effect

The impact of financial transactions and events on the financial statements of an organization, altering its financial condition or performance.