When People Judge Someone on the Basis of Their Perception

question 94

Multiple Choice

When people judge someone on the basis of their perception of a group to which that person belongs, they are using the shortcut called ________.

• A) stereotyping
• B) self-serving bias
• C) assumed similarity
• D) the halo effect

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Definitions:

Assets and Liabilities

A financial accounting term referring to a company's resources (assets) and obligations (liabilities).

Bookkeeping Accounts

The records of the financial transactions and positions of a business, systematically organized for reporting and analysis.

Double-entry Bookkeeping

An accounting practice where every financial transaction is entered as both a debit in one account and an equivalent credit in another, ensuring the books are always balanced.

Revenues and Expenses

Financial terms referring to the income generated from business activities (revenues) and the costs incurred (expenses) during a specified period.