Mikayla Met Ben for the First Time This Past Weekend

question 127

Multiple Choice

Mikayla met Ben for the first time this past weekend. She could not help but notice how attractive he was. Because of that, she assumed that Ben was also exciting, sociable, and interesting. What has Mikayla just demonstrated?

• A)mere-exposure effect
• B)halo effect
• C)situational attribution
• D)proximity effect

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Definitions:

Accounting Principles

The rules and guidelines that companies must follow when reporting financial data, ensuring consistency, reliability, and comparability of financial statements.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is used globally.

GAAP

Generally Accepted Accounting Principles; a framework of accounting standards, rules and procedures used in the compilation of financial statements in the U.S.

Treasury Stock Transaction

Refers to the buying back or reacquisition of previously sold shares by the issuing company, reducing the amount of outstanding stock on the open market.