If Your Girlfriend Just Received a Notice from the IRS

question 63

Multiple Choice

If your girlfriend just received a notice from the IRS for not paying her federal taxes and you assume it was just an honest mistake,what perceptual error are you demonstrating?

• A) halo effect
• B) fundamental attribution error
• C) perception-checking
• D) horn effect
• E) actor-observer effect

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Definitions:

Estimated Average

A statistical measure that represents an approximation of the central tendency of a set of figures.

IAS 34

Refers to the International Accounting Standard that guides interim financial reporting, requiring companies to provide timely and reliable information that is comparable over time.

Discreet Approach

A method of implementing changes or segments within a business or project in a separate, distinct manner, often used to monitor the success or failure of initiatives independently.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is globally accepted for financial reporting.