An Example of Possible Management Bias Would Be _______

question 69

Multiple Choice

An example of possible management bias would be _______.

• A)changes in the method of making the accounting estimate that are based on subjective assumptions
• B)using management's own assumptions for fair value estimates when they are inconsistent with readily observable market assumptions
• C)selecting or developing significant assumptions that yield an estimate more favorable for management's objectives
• D)All of these answer choices are correct.

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Definitions:

Physiological Changes

Modifications in the body's functions or structures, often as a response to environmental, psychological, or internal stimuli.

Emotion Theories

Various theories that explain how and why people experience emotions, including biological, cognitive, and social perspectives.

Cannon-Bard Theory

A concept suggesting that emotional feelings and physical arousal happen at the same time but are separate from each other.

Autonomic Nervous System

The part of the nervous system responsible for controlling bodily functions that are not consciously directed, such as breathing, the heartbeat, and digestive processes.