Having Performed Poorly on an Exam,Helen Attempts to Protect Her

question 105

Multiple Choice

Having performed poorly on an exam,Helen attempts to protect her feelings of self-worth by telling herself that it does not matter because the course really is not that important to her.What defence mechanism is Helen using

• A) projection 
• B) rationalization 
• C) repression 
• D) displacement

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Definitions:

LIFO

Last-In, First-Out, an inventory valuation method where the goods purchased last are the first to be sold.

Inventory Costing Method

An accounting approach used to value inventory, determining the cost of goods sold and ending inventory balances; common methods include LIFO, FIFO, and weighted average cost.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and statement of cash flows.

Specific Identification

An inventory costing method where the actual cost of specific units of inventory is assigned to those units, useful for items that are uniquely identifiable and have significantly different costs.