The primacy effect is a perceptual distortion in which an individual is judged based on the first information encountered, whereas the recency effect is a perceptual distortion in which an individual is judged based on ______.

A. the most recent information available
B. a comparison to a similar person
C. how we think or feel about the person
D. beliefs about that person’s group


A. the most recent information available

Business

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Which of the following dimensions is an example of a secondary dimension on the diversity wheel?   

A. Income B. Race C. Sexual orientation D. Physical abilities E. Age

Business

An activity's normal time and cost are 8 and $100, respectively. Its estimated crash time and cost are 6 and $160, respectively. What is this activity's crash cost per time unit?

A. $60 B. $153 C. $65 D. $33 E. $30

Business

In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:? Net income for the year was$80,000?Accounts payable decreased by 32,000?Accounts receivable increased by 39,000?Inventories increased by 19,000?Depreciation expense was 58,000?Net cash provided by operating activities was:

A. $112,000. B. $48,000. C. $150,000. D. $80,000. E. $74,000.

Business

Before any internal control procedure is initiated, which of the following questions must be primarily addressed by a company?

A) Will this put an end to theft? B) Is this the best security money can buy? C) How much benefit will be derived from the cost of the procedure? D) Will this prevent accounting errors?

Business