The Tendency to Look for Information That Supports One's Own

question 242

Multiple Choice

The tendency to look for information that supports one's own belief is called:

• A) the principle of falsifiability.
• B) confirmation bias.
• C) denialism.
• D) cognitive inertia.

Apply knowledge of short-term financial policies to real-world scenarios.

Formulate strategies to manage working capital effectively.

Understand the importance and application of dynamic testing in multicultural settings.

Grasp the concepts of standardization and its significance in psychological testing.

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Definitions:

Contract Rate

The agreed-upon price or interest rate specified within a contract.

Bond Indenture

A legal document specifying the terms and conditions of a bond issue, including the interest rate, maturity date, and other obligations of the issuer.

Bondholders

Individuals or institutions that hold the debt securities issued by corporations or governmental entities.

Discount on Bonds Payable

The difference between the par value of a bond and its lower selling price, recognized as an expense over the life of the bond.