Alejandro Was Lost in the Woods and Thought He Heard

question 55

Multiple Choice

Alejandro was lost in the woods and thought he heard a bear. He climbed a tree to see if he could find a way home. A week later, he tells his friend with absolute sincerity that he climbed the tree to escape the bear. Alejandro is experiencing:

• A) confabulation
• B) false recognition
• C) absentmindedness
• D) memory bias

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Definitions:

Standard Costs

Predetermined costs for products or services, used as benchmarks for evaluating actual performance and cost control.

Step-Down Method

An allocation method used in cost accounting to assign costs in a hierarchical manner, from the highest level down to the lowest.

Personnel Department

A division within an organization responsible for managing human resources, including recruitment, employment, and workplace culture.

Cost Allocated

Cost allocated refers to the process of distributing expenses in proportion to the cost centers or departments responsible for incurring them.