One of the Ways We Can Avoid Fixations in Problem

question 357

Multiple Choice

One of the ways we can avoid fixations in problem solving would be to

• A) visualize the solution rather than physically moving items around.
• B) physically interact with aspects of the problem rather than deal with them intellectually.
• C) focus on the first solution that comes to mind.
• D) take a more flexible approach in categorizing the world.

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Definitions:

Internal Controls

A set of procedures and policies designed to ensure the accuracy and completeness of financial reporting, safeguard assets, and ensure compliance with laws and regulations.

Sarbanes Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.

Internal Controls

Processes and procedures designed to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and regulators.