Which of the Following Is Not a Cognitive Bias

question 64

Multiple Choice

Which of the following is not a cognitive bias?

• A) the irrational escalation of commitment
• B) the belief that the issues under negotiation are all "fixed pie"
• C) the process of anchoring and adjustment in decision making
• D) the winner's curse
• E) All of the above are cognitive biases.

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Definitions:

Accounts Receivable

Funds that customers owe to a company for products or services that have been provided but remain unpaid.

Sales Trend

The analysis of sales data over a period of time to identify patterns, growth, or declines in sales performance.

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including material, labor, and overhead costs.

Horizontal Analysis

An analytical technique in accounting that compares financial data over multiple periods to detect trends and changes.