Which of the Following Is an Example of an Availability

question 109

Multiple Choice

Which of the following is an example of an availability heuristic?

• A) being more afraid of flying than driving because of heavy media coverage of airplane crashes
• B) believing that a friend failed a test due to lack of intelligence, whereas you failed the test because you were unable to study due to various factors
• C) being more afraid of bees than sharks because more people are stung by bees than hurt by sharks each year
• D) being more upset about missing an important flight by a few minutes than about missing it by several hours

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Definitions:

Customizing Department

A segment within a manufacturing or production process focused on tailoring products to meet specific customer requirements or specifications.

Departmental Predetermined

An estimated overhead rate calculated specifically for different departments within a company to allocate overhead costs more accurately.

Overhead Rates

The method for allocating indirect costs to products based on predetermined rates.

Machine-Hours

A measure of production time, calculated as the total number of hours machines are operated during a specific period.