Ollie Is Having a Bad Day

question 34

Multiple Choice

Ollie is having a bad day.He's not feeling very good about himself.He also notices that people are treating him differently.Friends who are usually very considerate are acting rude and impatient toward Ollie.Is his low self-esteem affecting how he interacts with people? Or are his friends influencing how Ollie feels about himself? These questions are a classic example of:

• A) a self-fulfilling prophecy
• B) a confound
• C) a fundamental attribution error
• D) cognitive dissonance

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Definitions:

Noncash Investing

A type of investing activity that involves transactions not involving cash, such as property or stock trades.

Financing Activity

Transactions related to raising or repaying capital, including debt, equity, and dividends payments, reported in the cash flow statement.

Investing Activity

Transactions involving the purchase or sale of long-term assets and investments, not relating directly to the entity’s primary business activities.

Cash Equivalent

Short-term, highly liquid investments that can be readily converted to cash with insignificant risk of changes in value.