Cassandra, an Accounting Major, Read an Article Stating That Accounting

question 1

Multiple Choice

Cassandra, an accounting major, read an article stating that accounting graduates are receiving the highest starting salary offers for business majors. The article also stated that marketing majors start with lower salaries but surpass all other majors' salaries within 10 years. A week later Cassandra doesn't remember reading this last part of the article, just the first part. What is this an example of?

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

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Definitions:

Internal Control Systems

Procedures and mechanisms implemented by a company to ensure integrity in financial reporting, compliance with laws and regulations, and effective and efficient operations.

Financial Misrepresentation

The act of intentionally misleading stakeholders about the financial condition or performance of a business.

Anti-Fraud Measures

Strategies and tools implemented by organizations to detect, prevent, and eliminate fraud.

Information System

A network, usually within an organization, by which information is generated and circulated. This network involves computer systems as well as other mechanisms, such as payroll records, purchasing documents, and managers’ impressions and specific knowledge.