Rob Met Frank in an Online Chat Group for Race

question 27

Multiple Choice

Rob met Frank in an online chat group for race car enthusiasts.Based on briefly looking over Frank's online profile, Rob decided that Frank is a typical show off, know-it-all race car owner.This tendency to stereotype someone based on the few cues online interactions provide is known as

• A)social identity model of deindividuation effects (SIDE).
• B)attribution theory.
• C)impression formation theory.
• D)implicit personality theory.

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Definitions:

Single-entry System

A basic accounting method where entries are recorded only once, either as an expense or income, making it less intricate but less accurate than the double-entry system.

Double-entry Bookkeeping

An accounting system that records each transaction twice, as both a debit in one account and a credit in another, to ensure accuracy.

Accounting Equation

The fundamental equation representing the relationship between an entity's assets, liabilities, and owners' equity: Assets = Liabilities + Equity.

Owner's Equity

The residual interest in the assets of a business after deducting its liabilities, representing the ownership's claim on the company's resources.