Cheryl Doesn't Use Online Automated Bill Payment Because She Wants

question 11

Multiple Choice

Cheryl doesn't use online automated bill payment because she wants to have control over when she pays her bills.Even when she has enough money in her account to pay her bills, though, Cheryl still spends her weekend afternoons watching television rather than paying her bills.This is consistent with the idea of ____.

• A)status quo bias
• B)omission bias
• C)reactance
• D)temporal gain

---

Definitions:

Accounting Purposes

The rationale or objective behind financial record-keeping and reporting activities.

Tax Purposes

Refers to considerations or actions taken to comply with tax laws and regulations, often aiming to optimize tax efficiency.

Consolidated Tax Return

A single tax return filed by a parent company and its subsidiaries, treating them as one taxpayer for tax purposes.

Intra-entity Transfers

Transactions occurring between two divisions within the same company.