Gilda Misses the Bus and Immediately Thinks,"Now I'll Have to Walk

question 25

Multiple Choice

Gilda misses the bus and immediately thinks,"Now I'll have to walk all the way home and what if I get hit by a car or even kidnapped?" This is an example of which cognitive distortion?

• A) catastrophizing
• B) overgeneralizing
• C) personalizing
• D) absolute thinking

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Definitions:

Book Income

The income reported by a corporation for financial reporting purposes, often differing from taxable income due to differing rules and regulations.

Capital Loss

The result of selling an investment or asset for less than its original purchase price.

Tax Expense

The total amount of tax an individual or corporation owes to the government, displayed on financial statements.

Appreciated Property

An asset that has increased in value over time from its original purchase price.