Personal Filtering of What We See and Hear So as to Suit

question 121

Short Answer

Personal filtering of what we see and hear so as to suit our own needs is _____________ _______________.

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Definitions:

Dividend Income

Income received by shareholders from the profits distributed by a company, usually in the form of cash payments.

Net Loss

The amount by which expenses exceed revenues.

Net Income

The amount of money remaining after all operating expenses, taxes, and dividends have been subtracted from total revenue.

Fair Value

An estimate of the price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.