Seeking Out Only Evidence That Supports One's Views and Dismissing

question 31

Multiple Choice

Seeking out only evidence that supports one's views and dismissing as unreliable statistics that contradict those views is known as

• A) confirmation bias.
• B) dualism.
• C) interpretive bias.
• D) confirmation.

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Definitions:

Fixed Manufacturing Overhead

Costs related to manufacturing that remain constant regardless of the level of production or sales.

Machine-Hours

A measure of production volume expressed in the total hours machines are operated within a given period.

Budget Variance

The difference between what was budgeted or forecasted and what was actually achieved, indicating over or underperformance.

Predetermined Overhead Rate

A calculated rate used to apply manufacturing overhead to products or job orders, based on a related activity measure such as labor hours.