The following study was designed to explore whether liking, disliking, popularity and unpopularity with peers are significantly and uniquely associated with accuracy in perceiving friendship. The participants were 418 sixth- and seventh-graders (187 male; 231 female) attending an ethnically diverse urban middle school in the Los Angeles area. Participants completed a peer nomination inventory that included items for peer acceptance, peer perceived popularity and two items, which were used to assess participants? friendships. For each participant, we calculated a friendship accuracy index. The number of kids who the participant said picked him/her as a friend who actually did was divided by the total number of kids the participant indicated nominated him/her as a friend. A multiple regression analysis was conducted for friendship accuracy, with the four social standing indices entered as simultaneous predictors. The results showed that liking by peers was the only variable that was significantly and uniquely associated with friendship accuracy (β=.424, p<.001). Disliking by peers, popularity, and unpopularity were not significantly associated with friendship accuracy. In contrast, well-liked adolescents have a very accurate understanding of who their friends are.