Assuming That a Cognitive Bias Is Characteristic of All People

question 22

Multiple Choice

Assuming that a cognitive bias is characteristic of all people is an example of

• A)implicitly assuming that research findings are not universally applicable.
• B)implicitly assuming that research findings are universally applicable.
• C)explicitly assuming that research findings are not universally applicable.
• D)explicitly assuming that research findings are universally applicable.

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Definitions:

Financial Statement Item

Any line item or component that appears in financial statements, such as balance sheet, income statement, or cash flow statement, representing a company's financial position or performance.

Unreliable

Not able to be trusted or depended upon for accuracy or truthfulness.

Firm's Shares

Equity securities issued by a company, representing ownership in the firm and entitling holders to dividends and voting rights.

Creditors

People or organizations that provide loans or credit to others with the anticipation of receiving payment back later on.