When We Judge Someone on the Basis of Our Perception

question 105

Multiple Choice

When we judge someone on the basis of our perception of the group to which he/she belongs, it is called ________.

• A) confirmation bias
• B) stereotyping
• C) framing effect
• D) distinction bias
• E) bandwagon effect

Recognise the role and impact of errors in adjusting entries on financial statements.

Understand the concept and purpose of adjusting entries in the accounting process.

Identify the types of accounts affected by adjusting entries and their impact on financial statements.

Distinguish between prepaid expenses and their adjustment entries.

---

Definitions:

Eliminating Objections

A sales technique aimed at addressing and overcoming potential concerns or objections raised by a prospective buyer.

Creative Problem Solving

Creative problem solving is an approach that uses imagination and innovation to find solutions to challenges.

Implementing Solution

The process of putting a plan or strategy into action to address a problem or achieve a goal, often involving logistical, technical, and organizational steps.

Documenting Needs

The process of recording and identifying a customer's requirements to find the most suitable product or service solution.