Final answer:
Cognitive appraisal theory is more apt for situations where emotional responses are predominantly based on individual cognitive assessments like being pleased about a snow day without any classes, rather than direct interpretations of physiological arousal.
Step-by-step explanation:
Cognitive appraisal theory is a better explanation for emotion than the two-factor theory in an event where the emotional response is mainly based on an individual's cognitive assessment of the situation, rather than on a direct interpretation of physiological arousal. An example of this would be when one is happy about being snowed in because there were no classes that day anyway. This emotional response arises from a cognitive appraisal of the situation as beneficial or positive, rather than from recognizing one's physiological state and then attributing it to a specific emotion, as the two-factor theory would suggest.