Level 1 Inputs

question 20

Multiple Choice

Level 1 inputs

• A) are the lowest-quality inputs but provide the best-quality fair value.
• B) are used when level 3 inputs are not available.
• C) are generally not observable in various markets.
• D) are more objective.

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Definitions:

Attraction Attribution

The process of explaining the reasons for one's attraction to others, often attributing it to various factors like personality, appearance, or similarity.

Schachter's Two-Factor Theory

A theory suggesting that emotions are based on physiological arousal and the cognitive interpretation of that arousal.

Primary Reaction

In psychology, this refers to an infant's instinctive responses to stimuli, such as sucking or grasping.

Built-In Fear

An innate or instinctive fear response, often to specific stimuli, that is considered to be a survival mechanism passed down through evolution.