Question
A company could tell investors either: (1) In the fourth quarter, our earnings per share were $2.50 as opposed to the consensus forecast of $2.52.;
A company could tell investors either: (1) In the fourth quarter, our earnings per share were $2.50 as opposed to the consensus forecast of $2.52.; or (2) In the fourth quarter, our earnings per share were $2.50 as opposed to the fourth quarter last year which was $2.25. Choosing between these option is an example of:
a) Framing
b) mental accounting
c) limited attention
d) fraud
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Public Finance An International Perspective
Authors: Joshua E. Greene
1st Edition
9814365041, 978-9814365048
