The Phenomenon of Expectancy Confirmation Has Also Been Called

question 23

Multiple Choice

The phenomenon of expectancy confirmation has also been called:

• A)evocative corroboration.
• B)self-fulfilling prophecy.
• C)behavioral substantiation.
• D)likelihood verification.

---

Definitions:

Margin Of Safety

The difference between actual sales and break-even sales, indicating how much sales can fall before a business incurs a loss.

Break-Even Sales

The amount of revenue required to cover both the fixed and variable costs of production.

Actual Sales

The exact amount of sales revenue that a company has generated over a specific period, as opposed to projected or forecasted sales.

High-Low Method

A technique used in cost accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.