Eric Was Recently Fired from His Job

question 23

Multiple Choice

Eric was recently fired from his job.His response to this stressful event was to take charge of the situation and research available jobs in his field.Then,he applied to each of the open positions for which he was qualified,in order to reduce the impact of the situation.This active type of coping is known as

• A)decisional control.
• B)emotional control.
• C)cognitive control.
• D)behavioural control.

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Definitions:

Consolidation Worksheet

A financial tool used to merge and organize the financial information of parent and subsidiary companies for reporting purposes.

Gross Profit Rate

A financial ratio that represents the portion of each dollar of revenue that remains after deducting the cost of goods sold, indicating the efficiency of production and pricing.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies, where the investment gives the investor significant influence over the investee.