Chapter 01 Managerial Accounting and Cost Concepts Answer Key True / False Questions 1. Managerial accounting is primarily concerned with the organization as a whole rather than with segments of the organization. FALSE AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Reporting Bloom’s: Knowledge Learning Objective: 1 Level: Easy 2. Managerial accounting places less emphasis on nonmonetary data than financial accounting. FALSE AACSB: Reflective Thinking AICPA
Premium Management Business Finance
Familiarity Bias: The Potent Cognitive Bias The great oracle Wiki says Familiarity bias is a “rule of thumb” that people like you and I use when forming a judgement‚ decisions or beliefs – Sounds all highbrow and impressive but leaves you scratching your head‚ wondering at the meaning‚ doesn’t it? To make understanding easier‚ let’s begin with an example; You are working in a corporate office for years. You are stagnating in the job. You know that you can find a better job with your experience
Premium Management Employment Marketing
Media Bias There is some form of bias in everything‚ especially in the media. When reporters break the news or journalists write an article they should remain impartial to the story and speak on factual information regarding the event that is being reported. However when there is a breaking story‚ every news station wants to be the first to report the story but the information that is conveyed to the audience may not really be accurate‚ clear or concise. The story that was written regarding the
Premium Critical thinking
When stories are told‚ no matter who the narrator is‚ their testimonies always differ from the truth. We see this in eyewitness accounts of crimes where witnesses overwhelmingly fail to accurately recount events. We also see this in stories‚ specifically‚ ones told in the first person where the narrator tells a story from their point of view and inject their own personal biases in the process often leaving the audience pondering what the truth is. Margaret Atwood addresses the issues of different
Premium First-person narrative Narrative Unreliable narrator
Free The Children from Child Labour: The Disadvantageous of Child Labour Two hundred million children are suffering in the world! “the world has an estimated 186 million child labourers – 5‚7 million in forced and bonded labor‚ 1.8 million in prostitution‚ and 0.3 million in armed conflict” .( Basu & Tzannatos‚ 2003‚ p.147). In Africa‚ Asia and the Middle East‚ a huge number of children are child labourers‚ and most of them under 14 years old. However‚ they are working hard as same
Premium Employment International Labour Organization Childhood
Representation and Bias By Deborah Callaway Herzing College Online W4A1-Reflection Assignment November 26‚ 2009 Representation and Bias When creating or reviewing a research study‚ we need to consider the information and decide if it is representative or biased in order to make clear decisions. When the information or sample is representative‚ it means that the people studied are like the people who you wish to generalize and it must have the same significant
Premium Bias Critical thinking Sampling
Cognitive Bias When I think of cognitive bias‚ I think about people making assumptions about others base on either what they have heard from other people or something they have experienced themselves. In order to figure out what biases I have I had to ask my wife. After some discussion we came to the conclusion that I have a couple of biases. The two that we came up with can be very controversial‚ religion and race. I wouldn’t say that I’m a religious freak or that I’m racist‚ I just have my own
Premium Critical thinking Cognitive bias Bias
Detecting Media Bias Teresa Liles HUM/114 December 10‚ 2012 Christopher Page Detecting Media Bias Same-sex marriage has been an on-going battle for many years. California’s opposition to same-sex marriage‚ Proposition 8‚ barely passed in the 2008 election. Same-sex marriage has been a news-worthy topic since 1997 when Hawaii passed a Domestic Partnership policy which triggered other states to change policies as well. This issue started a state-to-state debate of whether same-sex couples should
Premium Same-sex marriage
Aristotle once said “Beauty‚ is a greater recommendation than any letter of introduction” (www.thinkexist.com). The beauty bias is the notion that people who are attractive are usually rewarded socially. The idea of beauty is a socially accepted principle and although this principle has been widely accepted from the beginning of time‚ the standards of beauty have drastically changed from the past. In today’s society‚ there is a large amount of discrimination based on the physical attractiveness of a person
Premium Physical attractiveness Human physical appearance
Identify examples of bias‚ fallacies‚ and specific rhetorical devices in the speech. Political bias: “With one purpose only: to point out and make public the dishonesty‚ the downright villainy‚ of Boss Jim W. Gettys’ political machine—now in complete control of the government of this State!” His opinion of this groups’ work is judgmental. Ad hominen: Kane attacking his Boss Jim Gettys’ political leadership as “the dishonest and downright villainy presented false hopes to the public. Scare tactic:
Premium Rhetoric Hope Argument