Which One of the Following Statements About the Response Biases

question 4

Multiple Choice

Which one of the following statements about the response biases is incorrect?

• A)Kulesa,cho,and Sahvitt (2004)examined the biases in 19 countries around the world
• B)Extreme response bias occurs more in cultures that encourage masculinity,power,and status
• C)They achieve clarity,precision,and decisiveness in one's explicit verbal statements,characteristics that are valued in these cultures
• D)They can be viewed as methodological artifacts that need to be controlled in order to get to "false" responses

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Definitions:

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A tool used in the preparation of consolidated financial statements that helps in combining the financial information of parent and subsidiary entities.

Treasury Stock

Shares that were issued and later reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Retained Earnings

The cumulative amount of net income earned by a company that is kept within the company for reinvestment rather than being paid out as dividends to shareholders.

Accrual-Based Net Income

A measure of a company's financial performance that includes all earned revenues and incurred expenses, regardless of when cash transactions occur, according to the accrual principle.