By Using ________, We Form a General Impression About a Person

question 33

Multiple Choice

By using ________, we form a general impression about a person based on only a single characteristic, such as intelligence or appearance.

• A) stereotyping
• B) selectivity
• C) the halo effect
• D) assumed similarity

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Definitions:

Depreciation Expense

The allocation of the cost of tangible assets over their useful lives.

Indirect Method

A method used for the preparation of the cash flow statement which adjusts net income for changes in balance sheet accounts to calculate the cash from operating activities.

Operating Activities

These involve the primary, day-to-day actions that generate revenue and incur expenses in the normal course of business, reflected in the cash flows from operations section of the statement of cash flows.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the business’s operating cycle, whichever is longer, such as cash, inventory, and receivables.