Which of the Following Is an Example of Satisficing Behavior

question 132

Multiple Choice

Which of the following is an example of satisficing behavior?

• A) You continue studying for your economics exam until you believe you'll get a perfect score.
• B) You spend time looking over the lettuce at the grocery store in order to make sure you get the best head of lettuce.
• C) You briefly clean your room because that's all it takes to get it "clean enough."
• D) You carefully plan your day in order to get "the most out of life."

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Definitions:

Current Ratio

An indicator assessing the ability of a company to cover its obligations or debts falling due within one year.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle.

FICA Taxes Payable

Taxes that are due on employee and employer contributions to Social Security and Medicare.

Federal Income Taxes Payable

A liability account on the balance sheet representing the amount of income taxes a company owes to the government.