The Status Quo Bias Is One Form of ____ in Decision-Making

question 62

Multiple Choice

The status quo bias is one form of ____ in decision-making.

• A)monitoring
• B)reactance
• C)avoidance
• D)temporal discounting

---

Definitions:

Intangible Asset

An asset that lacks physical substance but is identifiable and provides future economic benefits.

Purchase Price

The amount paid to acquire an asset, including all costs directly attributable to bringing the asset to its intended use.

U.S.GAAP

The Generally Accepted Accounting Principles in the United States, a standard framework of guidelines for financial accounting.

Research And Development

The systematic work undertaken by a company to increase the knowledge for developing new products or processes.