Jerome Was Uncertain of the Correctness of His Answers to Many

question 19

Multiple Choice

Jerome was uncertain of the correctness of his answers to many of the questions on his General Psychology exam.After seeing his score,an A,he subsequently told his friends about how he knew he aced the exam as soon as he had taken it.This demonstrates the influence of ________ on our judgments.

• A)the availability heuristic
• B)belief perseverance
• C)confirmation bias
• D)hindsight bias

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Definitions:

Balance Sheet Account

An account reported on the balance sheet that includes assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement Account

Accounts that participate in the composition of the income statement, including revenues, expenses, gains, and losses.

Proper Adjustments

Corrections or updates made to financial records to ensure they accurately reflect the company's financial position.

Fiscal Year

A twelve-month period used for accounting purposes and preparing financial statements, which may not align with the calendar year.