Answer the following statements true (T) or false (F)
1.Instant decisions are also known as snap judgments.
2.When we assume that situations and people stay the way they are, we make frozen evaluations.
3.According to group-based processing, if we are younger and identify an individual as belonging to the category of older adults, then our attitudes toward that person may be affected by the attitudes we have toward older persons in general.
4.The tendency to perceive what is right or wrong, good or bad, according to the categories and values in our own culture is known as ethnocentrism.
5.Like education and culture, our motivation causes us to exhibit our own perceptual preferences.
1.TRUE
2.TRUE
3.FALSE
4.TRUE
5.TRUE
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For reports to be useful they must have information content. Describe a reporting objective which gives reports information content
1/8 of all wood stoves are sold for cash. If cash sales were $2,200 for the week, what was the total of all sales? (Let S = sales.)
What will be an ideal response?
How would accountants estimate the amount of a company's uncollectible accounts expense?
A. Compute as a percentage of credit sales. B. Consult with trade association and business associates. C. Consider new circumstances that are anticipated to be experienced in the future. D. All of these answer choices are correct.
The tax rate on capital gains is determined solely by reference to the capital asset's holding period.
Answer the following statement true (T) or false (F)