Kevin Did Not Know Whether the Locker Room Was Located

question 80

Multiple Choice

Kevin did not know whether the locker room was located down the short hallway to his right or down the long hallway to his left. Crossing his fingers,he decided to try the short hallway. His problem-strategy best illustrates

• A)confirmation bias.
• B)the framing effect.
• C)trial and error.
• D)belief perseverance.

---

Definitions:

Capitalised

Expenses or costs that are added to the cost basis of a fixed asset on a company's balance sheet, rather than being expensed immediately.

Extrusion System

A process used in manufacturing to create objects of a fixed cross-sectional profile by pushing material through a die of the desired cross-section.

Financial Year

A one-year period that companies use for accounting purposes and preparation of financial statements, which may or may not align with the calendar year.

Expensed

Costs or expenditures that are immediately charged against earnings in the period in which they are incurred, rather than being capitalized or deferred.