The Fact That a General Statement Can Be Seen by Five

question 193

Multiple Choice

The fact that a general statement can be seen by five different individuals as being an insightful analysis of their personality is most likely due to the

• A)P.T.Barnum effect.
• B)reliability and validity of personality assessment tools.
• C)information given by the individuals.
• D)skills of the assessor.

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Definitions:

Parent-subsidiary

The relationship between two corporations in which one corporation, the parent, owns sufficient voting stock in another corporation, the subsidiary, to control its board of directors.

Economic Entity

A unit in the economy that is capable of control over resources, incurring liabilities, and engaging in business activities.

Combined Financial Statements

Financial statements that present the assets, liabilities, and operating results of two or more affiliated companies as if they were a single economic entity.

Consolidated Financial Statements

Combined financial statements of a parent company and its subsidiaries, presenting the financial position and results of operations as one entity.