Evonnia Is Scared of Snakes and Feels a Strong Wave

question 71

Multiple Choice

Evonnia is scared of snakes and feels a strong wave of fear whenever she sees one.This fear is an example of:

• A)the affective component of her attitude.
• B)the cognitive component of her attitude.
• C)the behavioural component of her attitude.
• D)her security needs.
• E)her lifestyle.

---

Definitions:

Fair Value Accounting

An accounting approach that measures and reports assets and liabilities at their estimated market prices.

Financial Crises

A situation where the value of financial institutions or assets drops significantly, often characterized by panicked selling and loss of confidence in the financial system.

Accounting Standards Codification

The collection and integration of the authoritative accounting standards for U.S. GAAP.

IASB

The International Accounting Standards Board, responsible for developing and publishing the International Financial Reporting Standards (IFRS).