When Appraisers Rate Other People Giving Special Consideration to Those

question 49

Multiple Choice

When appraisers rate other people giving special consideration to those qualities that they perceive in themselves,they are making a ________ error.

• A)low leniency
• B)similarity
• C)halo
• D)central tendency
• E)graphic rating

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Definitions:

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash payments or additional shares.

Net Income

The total earnings or profit of a company after accounting for all expenses and taxes; represents the company's bottom line.

Year-End Equity

refers to the total value of an owner's interest in a company at the end of a financial year, calculated as assets minus liabilities.

Total Assets

The sum of all resources owned by a company, valued in terms of monetary units, which includes both current and non-current assets.