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As William is preparing the end of year financial statements, he realizes that the earnings are not quite up to par for the large loan application that is being currently processed. He decides to stretch the assumptions just enough to be able to meet the requirements for the loan application. This is an example of
Behavior
The actions, reactions, and functioning of an individual or group in response to external and internal stimuli, observed in various contexts.
Halo Effect
A perception problem through which we form a positive or negative bias of an individual based on our overall impressions of that person.
Perceptual Distortion
A psychological phenomenon where an individual's perception or understanding of reality is inaccurately altered by cognitive biases or environmental factors.
Faculty
The academic staff of universities or colleges responsible for teaching and research.
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