Which of the Following Statements Is TRUE About Intuition

question 12

Multiple Choice

Which of the following statements is TRUE about intuition?

• A)Intuition's first stage is largely unconscious
• B)Intuition involves the deliberate use of algorithms and heuristics.
• C)Intuition cannot be operationally defined or measured.
• D)Intuition is the first step in solving any problem.

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Definitions:

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.

Investing Activities

Activities involving the buying and selling of long-term assets and investments, excluding those considered as cash equivalents.

Financing Activities

Activities that result in changes in the size and composition of the contributed equity and borrowings of an entity, often reflected on the cash flow statement.

Statement Of Cash Flows

A financial report that shows the cash inflows and outflows from operating, investing, and financing activities over a period.