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Describe Any Three Users of a Firm's Accounting Information

question 35

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Describe any three users of a firm's accounting information.


Definitions:

Interrater Reliability

When two or more raters observe or rank order a behavior in order to find the level of concordance between the raters. The higher the concordance, the higher the reliability.

The Halo Effect

A cognitive bias where the perception of positive qualities in one aspect leads to the unjustifiably favorable evaluation of other aspects.

Generosity Error

A bias in rating where the evaluator tends to give higher ratings than deserved, often due to a desire to be seen as favorable or kind.

Inaccurately

Describes information, data, or results that are not correct or precise, often leading to errors in interpretation or conclusions.

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