Match the Following Items with the Appropriate Designation (Estimated Liability

question 219

Multiple Choice

Match the following items with the appropriate designation (Estimated liability, Contingent liability, or Known liability) .
-Warranty on products sold this year

• A)Contingent liability
• B)Estimated liability
• C)Known liability

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Definitions:

High Self-Esteem

A positive evaluation of oneself and feeling confident in one's own abilities or worth.

Spotlight Effect

Overestimating others' noticing and evaluating our appearance, performance, and blunders (as if we presume a spotlight shines on us).

External Locus

An external locus of control refers to the belief that outside forces, beyond an individual's control, significantly influence life events and outcomes.

Secure Self-Esteem

A form of self-esteem characterized by a stable, positive self-image and confidence that is not overly reliant on external validation.