Read the Vignette and Answer the Questions That Follow

question 4

Multiple Choice

Read the vignette and answer the questions that follow.
John was telling his friend Simone that he really doesn't consider himself prejudiced.If a man works hard,he says,he deserves more.John's family came to America from eastern Europe without a penny in their pockets and worked hard to become members of the middle class.He goes on to explain that he believes that there are hard-working Hispanics,too,but some of them just haven't been taught the meaning of hard work.His people,he tells Simone,work hard and deserve what they get!

-What kind of bias is the speaker in this story showing?

• A)pro-social bias
• B)out-group bias
• C)prejudicial bias
• D)low-resource bias

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Definitions:

Maturity Value

The amount that will be payable to the holder of a financial instrument at its maturity date, including principal and interest.

Calculating Interest

Calculating interest involves determining the amount of interest earned or paid on a financial asset or liability over a specific period, typically using the principal amount, rate, and time.

Journalize Entries

The process of recording financial transactions in a company's journal, a step in the accounting cycle that leads to the preparation of financial statements.

Voucher System

A set of procedures for authorizing and recording liabilities and cash payments.