We Use a Number of Shortcuts When We Judge Others

question 8

Multiple Choice

We use a number of shortcuts when we judge others. All of the following are shortcuts that we use to judge others except ________.

• A) stereotyping
• B) the halo effect
• C) the contrast effect
• D) the self-serving bias
• E) selective perception

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Definitions:

Investment

Allocation of resources, such as capital or time, in anticipation of generating income or profit in the future.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear, and tear.

Straight-Line Method

A method of calculating depreciation or amortization by spreading the cost of an asset evenly across its useful life.

Accumulated Depreciation

The total amount of depreciation expense allocated to a fixed asset since it was put into use.