Grouping Is a Type of Bias in Which an Appraiser

question 49

True/False

Grouping is a type of bias in which an appraiser judges all employees in a substandard department the same,despite individual differences.

---

Definitions:

Debt to Assets Ratio

A financial ratio that indicates the percentage of a company's assets that are provided via debt.

Current Liabilities

Liabilities due within a short period, typically less than a year, that are supposed to be paid out of current assets.

Debt to Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company’s assets.

Total Liabilities

This term represents the aggregate of all debts and financial obligations owed by an entity to outside parties at any given point in time.