Valuation Techniques

question 52

Multiple Choice

Valuation techniques:

• A) should use observable inputs.
• B) cannot use unobservable inputs.
• C) may use both observable and unobservable inputs.
• D) None of the above.

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Definitions:

Exemplars

Instances or examples that are typical of a category or group, used in cognitive psychology to understand how people categorize information.

Language Development

The process by which children come to understand and communicate language during early childhood.

Anchoring Heuristic

A cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions.

Adjustment Heuristic

A mental shortcut that involves basing decisions on an initial estimate and making adjustments to that figure to reach a final decision or judgment.