Which of the following is defined as the tendency for individuals with outcome knowledge to claim they would have estimated a probability of occurrence for the reported outcome that is higher than they would have estimated without the outcome information?

A. hindsight bias
B. foresight bias
C. overconfidence bias
D. escalation of commitment


A. hindsight bias

Business

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Which section includes income derived from a firm's primary business activities as well as from activities peripherally related to operations? (The firm expects these sources of earnings to continue.)

a. income from continuing operations b. income, gains, and losses from discontinued operations c. extraordinary gains and losses d. retained earnings e. paid-in-capital

Business

________________ is a common attitude toward the illegal download of music.

a. It benefits artists b. It is on the Internet, so I can copy it for free c. It is my right d. Intellectual property rights are not relevant

Business

If a company has noncumulative preferred stock, basic earnings per share is equal to net income less preferred dividends declared divided by the number of weighted average common shares outstanding.

Answer the following statement true (T) or false (F)

Business

Persuasion in today's businesses focuses on A) distorting the facts to bolster sales

B) generating and sending messages using only electronic media. C) influencing others. D) writing direct messages.

Business