In Many Studies, Participants Fail to Use Analogies as an Aid

question 22

Multiple Choice

In many studies, participants fail to use analogies as an aid to problem-solving. Of the following, which is the MOST plausible explanation of this fact?

• A) Participants don't understand the value of analogies, so they don't bother searching for them.
• B) Participants search their memories based on the surface structure of the problem. As a result, they fail to think of analogous cases that happen to be concerned with a different topic.
• C) Participants pay too much attention to the deep structure of a problem, and so they fail to see the features that lead to analogy.
• D) Participants seem unable to use analogies even when explicitly instructed to do so.

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Definitions:

Current Rate Method

In currency translation, the method that uses the exchange rate at the balance sheet date to convert all financial statement items from a foreign entity's functional currency to the reporting currency.

U.S.GAAP

United States Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in the U.S.

Temporal Method

An accounting method for converting foreign currency transactions based on exchange rates at the time the transactions are made.

Translation Exchange Rates

The rates used to convert the financial statements of a company into the currency of a different country for reporting purposes.