Which of the Following Obstacles to Accurate Perception Can Occur

question 72

Multiple Choice

Which of the following obstacles to accurate perception can occur when a manager is highly influenced by first impressions?

• A) Contrast effects
• B) The halo effect
• C) Projection
• D) Stereotyping
• E) Dissonance

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Definitions:

Prepaid Expense

Expenses paid in advance for goods or services, which are recorded on a balance sheet as assets until used.

Accrued Revenue

Revenue earned but not yet received in cash or recorded at the statement date, typically recognized in accrual-basis accounting.

Accrued Expense

Expenses that have been incurred but not yet paid or recorded at the end of a reporting period.

Payback Periods

The duration of time it takes to recover the cost of an investment through the investment's cash flows.