Which of the Following Statements Is NOT True

question 23

Multiple Choice

Which of the following statements is NOT true?

• A)Motivations not only lead people to be prejudiced but also lead people to avoid prejudice.
• B)Automatic prejudices subside when people's motivation to avoid prejudice is internal rather than external.
• C)Automatic prejudices subside when people's motivation to avoid prejudice is external rather than internal.
• D)Categorization is necessary for prejudice.

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Definitions:

Income Tax Expense

The expense recorded to account for taxes on profits earned by an organization, which is charged against its income.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of investor’s wealth maximization.

Straight-Line Depreciation

A technique that distributes the expense of a physical asset across its life expectancy in identical yearly sums.

Income Tax Expense

The amount of money a company is required to pay to the government for the income it has earned during a period.