________ Are Rules of Thumb or Mental Shortcuts in the Decision

question 53

Multiple Choice

________ are rules of thumb or mental shortcuts in the decision process.

• A) Attitudes
• B) Beliefs
• C) Heuristics
• D) Discriminations
• E) Biases

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Definitions:

Adjustments

Entries made in accounting to record expenses or revenues in the period they occur rather than when cash is paid or received, ensuring accuracy in financial statements.