A Student Feels Less Proud of an "A" They Received

question 2

Multiple Choice

A student feels less proud of an "A" they received on a difficult test when they learn that everyone in the class received an "A" on the test. This type of ratee bias is attributed to:

• A) listening to advice bias.
• B) fairness bias.
• C) bandwagon bias.
• D) social comparison bias.

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Definitions:

Interest Charge

The amount charged by a lender to a borrower for the use of borrowed money, typically expressed as an annual percentage of the principal.

Dishonor Of Note Receivable

Occurs when a promissory note's maker fails to make the scheduled payment to the note's holder when due.

Accounts Receivable

Amounts of money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Allowance For Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that is expected not to be collectible due to credit sales.