________ Refers to the Tendency of People to Draw a General

question 16

Multiple Choice

________ refers to the tendency of people to draw a general impression about an individual on the basis of a single characteristic.

• A) Confirmation bias
• B) Halo effect
• C) Hindsight bias
• D) Randomness error
• E) Self-serving bias

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Definitions:

Net Book Value

The current book value of an asset or company after accounting for depreciation or amortization.

Cash Flow

The net amount of cash being transferred in and out of a business, representing the company's operational, investing, and financing activities.

Investing Section

A segment within the cash flow statement that records cash activities related to non-current assets such as buying and selling equipment or property.

Cash Flow Statement

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company, showing how well it manages its cash position.