The Theory of __________ Attempts to Explain What Happens When

question 365

Multiple Choice

The theory of __________ attempts to explain what happens when people behave in ways that are contrary to their beliefs or attitudes.

• A) social comparison
• B) cognitive dissonance
• C) opponent processes
• D) social exchange

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Definitions:

Loan

is a sum of money borrowed that is expected to be paid back with interest.

Receivables

Money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.

Unsecured

Refers to a loan or credit that is not backed by collateral, meaning the lender takes on more risk and relies on the borrower's creditworthiness.

Internal Audits

Evaluations conducted by a company's own staff to assess its systems, controls, and operations for efficiency, effectiveness, and compliance.