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____ occurs when people's subjective confidence in their decision making is greater than their objective accuracy. For example, Sara thinks she is a superb writer and editor, but her reports are always filled with typos, grammatical errors, and sentence fragments.
A. Confidence bias B. Overconfidence bias C. Hindsight bias D. Predisposition bias E. The tunnel vision effect
The Shasta Corporation began operations in 2018. Shasta's portfolio of minority passive investments reported the following on December 31, 2018: Equity InvestmentsCost$450,000Fair value$395,000Which of the following is correct with respect to the accounting for Shasta's investment portfolio?
A. Net income was decreased $55,000 during 2018. B. Net income and total stockholders' equity were decreased $55,000 as of December 31, 2018. C. Net income and total stockholders' equity were increased $55,000 as of December 31, 2018. D. Net income was increased $55,000 during 2018.
In determining the sample size for a test of controls, an auditor should consider the expected population deviation rate, desired confidence level, and the:
A. tolerable deviation rate. B. population size. C. risk of incorrect acceptance. D. nature and cause of deviations.
Which of the following is NOT an organizational pattern that would lend itself well to a speech on an event or a person?
a. Topical b. Spatial c. Causal d. Chronological