What Is It Called When Consumers Change or Distort Information

question 117

Multiple Choice

What is it called when consumers change or distort information that conflicts with their feelings or beliefs?

• A)selective distortion
• B)selective dissonance
• C)selective reinforcement
• D)selective exposure

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Definitions:

Adjusted Trial Balance

A financial report that lists all accounts and their balances after adjustments, used to verify the equality of debits and credits after adjustments.

Income Statement

A financial statement that reports a company's financial performance over a specific period, detailing revenue, expenses, and profits or losses.

Fiscal Year

A fiscal year is a 12-month period that an organization uses for accounting purposes and preparing financial statements.

Ledger Entries

Records of financial transactions within a company’s general ledger, detailing accounts affected and the amounts for each transaction.