Social Comparison Theory Holds That We Most Often Compare Ourselves

question 200

Multiple Choice

Social comparison theory holds that we most often compare ourselves to people

• A) of similar backgrounds, abilities, and circumstances.
• B) slightly higher in status or abilities than ourselves.
• C) lower in status or abilities than ourselves.
• D) higher in status but lower in abilities than ourselves.

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Definitions:

Collection Float

The time period between when a check is deposited and when the funds become available in the recipient's account.

Net Float

Net float is the difference between the amount of checks written by a company and the amount that has been cleared and charged to the company's account, affecting its available balance.

Collection

The process of obtaining payment on outstanding accounts or the grouping of specific items, as in art or stamps.

Disbursements Float

The time difference between when a payment is made by a firm and when the funds are actually withdrawn from the firm's bank account.