During a Meeting, Ricardo Does Not Tell the Others What

question 4

Multiple Choice

During a meeting, Ricardo does not tell the others what part he played in bringing the project to completion; instead, he talks about his part in a modest way, and when praised, he uses self-deprecation. Ricardo uses what kind of verbal mode?

• A) Deductive reasoning
• B) Inductive reasoning
• C) Self-humbling
• D) Self-enhancement

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Definitions:

Loans Payable

Obligations of a company to repay borrowed money in the future.

Impaired

A term used to describe an asset whose market value has decreased below its book value on the balance sheet.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its tangible and identifiable intangible assets.

Consolidated

Combines the financial statements of the parent company and its subsidiaries into one comprehensive financial statement, presenting the financial performance and position as a single entity.