Some Problems Persist Because You Are Able to Ignore Their

question 21

Multiple Choice

Some problems persist because you are able to ignore their possible implications.When you use this strategy, you remind yourself of the potential disastrous consequences of your actions.What strategy does this exemplify?

• A)brainstorming
• B)the nagging best friend
• C)"worst-case" scenario
• D)retroactive inhibition

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Definitions:

Cost Estimates

Approximations of the cost to complete a project, manufacture a product, or provide a service, based on available information.

Regression Line

A statistical tool used to describe the relationship between a dependent variable and one or more independent variables, often represented as a straight line in linear regression.

Scattergraph

A graphical representation that displays the relationship between two variables, often used in statistics and data analysis.

High-Low Method

A technique used in cost accounting to determine the variable and fixed components of a company's cost structure by analyzing the highest and lowest levels of activity.