Zelma Is Asked to Think of All the Words She

question 26

Multiple Choice

Zelma is asked to think of all the words she can, beginning with the letters "squ," as in "squeak." Later she is given a fill-in-the-blank task on which one of the items is "s _ _ o n g." Zelma keeps trying to make "squong" a word, and has trouble thinking of the common word "strong." Zelma's ability to solve this problem has been hampered by:

• A)a mental set.
• B)confirmation bias.
• C)functional fixedness.
• D)an algorithm.

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investee, but not control them, often associated with ownership of 20% to 50% of voting stock.

Cost Method

An accounting method where investments are recorded at their acquisition cost.

Journal Entries

The method by which transactions are recorded in the company's accounting records with a debit and credit entry.

Significant Influence

The ability to be involved in the financial and managerial policy decisions of an investment without having controlling authority over those policies.