The QuickBooks Backup

question 16

True/False

The QuickBooks backup (.qbb) file is used to record transactions.

---

Definitions:

Confirmation Bias

The inclination to seek out, understand, prioritize, and remember data in a manner that supports one's already established views or theories.

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgments is reliably higher than their objective accuracy, often leading to misjudgments and errors in decision-making.

Cognitive Biases

Systematic patterns of deviation from norm or rationality in judgment, causing illogical conclusions or decision making.