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Accounting Software for Small Businesses Has Become So Sophisticated That

question 6

True/False

Accounting software for small businesses has become so sophisticated that most small business owners will never need to consult with an actual accountant or understand accounting information themselves.


Definitions:

External Attributions

Attributing personal behaviors and outcomes to factors outside one's control.

Internal Attributions

The process of inferring that a person's behavior is due to their personality, disposition, or beliefs rather than external factors.

Statistical Regression

A phenomenon where extreme scores or outcomes tend to move towards the average over time.

Heuristic Processing

A method of problem-solving, learning, or discovery that employs a practical approach based on experience, immediate context, or a rule of thumb rather than explicit criteria.

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