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GASB 31 "Accounting for Financial Reporting for Certain Investments and for External

question 56

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GASB 31 "Accounting for Financial Reporting for Certain Investments and for External Reporting Investment Pools," establishes a general rule that government entities value investments in option contracts,open-ended mutual funds,and debt securities for balance sheet presentation at:


Definitions:

Cannon-Bard Theory

A psychological theory proposing that emotions and physiological reactions such as sweating and trembling occur simultaneously, not sequentially.

Schachter Two-factor Theory

A psychological theory suggesting that emotion comes from a combination of a state of arousal and a cognitive label that specifies the emotion.

Emotional States

Various psychological conditions that reflect the emotional quality of an individual's experiences and govern mood, feeling, and expressions.

Schachter

American psychologist Stanley Schachter, known for his work on emotion, particularly the two-factor theory of emotion which integrates cognitive and physiological elements.

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