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Andrew just hired Pedro to be part of the financial team and requested that he be at the office at 7:30 am on Monday for his first day.Andrew then e-mailed Pedro to remind him two times over the weekend.Andrew assumed that Pedro would be late because he is very young and Andrew believes that all young people are irresponsible and unorganized.Which type of perception bias is Andrew showing?
Units-of-activity Method
A depreciation method that allocates an asset's cost based on its usage, activities, or units produced, rather than the passage of time.
Double-declining-balance Method
An accelerated depreciation method that doubles the depreciation expense compared to the straight-line method.
Depreciation Expense
Systematically dividing the expense of a tangible asset over the period it remains useful.
Scrap Value
The estimated worth of an asset's materials when the asset is deemed no longer useful and is intended to be disposed of or recycled.
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