Which of These Would Be an Example of a "Resource

question 42

Multiple Choice

Which of these would be an example of a "resource" in the REA framework?

• A)Equipment
• B)Inventory
• C)Cash
• D)all of these are possible examples of resources

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Definitions:

Rapidly Formed

Quickly developed or put together, often with little preparation or forethought.

Representativeness Heuristic

A cognitive shortcut that involves making decisions based on how closely new information resembles existing stereotypes or prototypes.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.

Algorithms

A step-by-step procedure or formula for solving a problem or accomplishing some objective.