The False Assumption That What Is True for a Part

question 38

Multiple Choice

The false assumption that what is true for a part will also be true for the whole is called the:

• A) fallacy of composition.
• B) paradox of thrift.
• C) post hoc fallacy.
• D) ceteris paribus assumption.

Realize the influence of both individualistic and collectivistic cultural orientations on behavior and social norms.

Understand the role and scope of biological psychology in studying the relationship between psychological processes and the body’s physical systems.

Recognize the application of the principles of evolution in explaining psychological phenomena.

Appreciate the value of scientific skepticism and open-mindedness in psychological research.

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Definitions:

Non-Inventory

Items or services a company sells or uses in its operations that are not held in inventory, such as supplies, subscriptions, or services.

QBO

Abbreviation for QuickBooks Online, a cloud-based accounting software designed for small and medium-sized businesses.

3-Way Match

A process in accounts payable to compare the purchase order, delivery receipt, and invoice before processing a payment, ensuring accuracy and preventing fraud.

Internal Control

A framework used by businesses to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.