Adul's Instructor Dresses Rather Casually and Shows Up to Class

question 63

Multiple Choice

Adul's instructor dresses rather casually and shows up to class with messy hair and glasses that have been taped together. Adul spends most of class playing on his phone because he assumes the instructor is as unintelligent and unprepared as he is unattractive. This example demonstrates _______.

• A) the halo effect
• B) physical attraction
• C) the horns effect
• D) social attractiveness

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Definitions:

Settlement

The process of concluding a transaction or an agreement by completing all procedural and payment aspects.

Account Receivable

Accounts Receivable represents the money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Allowance Method

An accounting technique used to account for bad debts by estimating and setting aside a portion of accounts receivable deemed unlikely to be collected.

Uncollectible Accounts

Accounts receivable that a company does not expect to collect and writes off as bad debt expense.