Evolutionary Psychologists Suggest That When People Have to Make Quick

question 115

Multiple Choice

Evolutionary psychologists suggest that when people have to make quick decisions, they tend to ​

• A)gather information, calculate probabilities, and make statistically optimal decisions.
• B)use relatively simple heuristics.
• C)use relatively complicated heuristics.
• D)make irrational decisions.

---

Definitions:

Premium On Bonds Payable

The amount by which the selling price of a bond exceeds its face value, representing an additional cost to the issuer over the bond’s life.

Unearned Revenue

Money received by an entity for a service or product that has yet to be provided or delivered.

Non-Interest-Bearing Note

A promissory note with no stated interest rate, implying that interest is either implied in the transaction price or nonexistent.

Interest Expense

The expenses a company faces for borrowing money, usually shown on the income statement.