People Tend to Interpret New Information in a Way That

question 46

Multiple Choice

People tend to interpret new information in a way that will support what they already believe.This is called ________.

• A)selective retention
• B)selective distortion
• C)selective attitude
• D)selective learning
• E)selective perception

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Definitions:

Interest Revenue

Interest revenue is the income earned from lending funds or depositing funds in interest-bearing accounts.

Journalize Transactions

The process of recording financial transactions in a company's journal, marking the first step in the accounting cycle.

Credit Card Sales

Transactions where customers purchase goods or services using a credit card as the payment method.

Service Charge Fee

A fee charged by a bank or financial institution for processing transactions or providing a specific service.