Answer the following statements true (T) or false (F)
1. Personality plays a role in decision-making.
2. How decisions are framed will not affect the decisions that are made.
3. Losses weigh more heavily emotionally in decision-making than an equivalent gain.
4. System 1 thinking requires mental effort, including complex calculations.
1. true
2. false
3. true
4. false
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Leggy High School has three open positions for teachers. The school's HR personnel review résumés to identify the candidates who meet the school's minimum requirements. Next, potential candidates are then invited for interviews. After this, interviewers discuss the results with HR personnel and select a short list of candidates, who then appear before a panel of teachers and HR personnel for the final interview. Leggy's new teachers are then selected from among these finalists. Which terms describes Leggy's method of selection?
A. leadership model B. compensatory model C. behavior description model D. nondirective model E. multiple-hurdle model
For ________ to be valued for products like vehicles and kitchen appliances, it should not be associated with an excessive price premium and the product must not be subject to rapid technological obsolescence
A) conformance quality B) performance quality C) reparability D) durability E) style
All the following are standards of accounting information except
a. flexibility. b. reliability. c. understandability. d. relevance.
Local laws that cities and towns adopt to regulate land use within their boundaries are called:
A) rules. B) zoning ordinances. C) statutes. D) tenancy rules.