If You Form a General Negative Impression of a Person

question 121

Multiple Choice

If you form a general negative impression of a person based on one prominent characteristic, and it affects your perception of other characteristics of that person, it is called:

• A)projection bias.
• B)the halo effect.
• C)selective attention.
• D)self-serving bias.
• E)stereotyping.

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Definitions:

Discount on Bonds Payable

The difference between the par value of a bond and its lower selling price, recognized as an expense over the life of the bond.

Contract Rate

The agreed-upon interest rate specified in a loan or bond contract.

Market Rate

The prevailing rate of interest for loans or investments within a specific market sector.

Journal Entry

A record in accounting that consists of a debit and credit action to document a business transaction in the general ledger.