Answer:
Option "A" is the correct answer to the following statement.
Explanation:
Cross-sectional observational estimates are based on findings with Various data that exist in various groups in the same period. This indicates that there was no other procedure wad made, so no factors are influenced by the analyst.
In this situation, there were various age groups involved in the Experiment at the same time.
Giving back.
Copying.
Returning a favor.
Answer: An availability bias
Explanation: An availability bias is simply defined as the tendency for people to base their judgments on information that is easier to recall than on those that require extensive use of memory. It is also given as an unrecognized tendency of decision-makers to give preference to recent information, vivid images that evoke emotions, and specific acts and behaviors that they personally observed. Albert by asking questions that come to his mind easily as a result of inadequate preparation which leads to his hiring poor quality employees indicates an availability bias.
Answer:
d. $7,000.
Explanation:
The computation of the loss recorded due to asset impairment is shown below:
= Book value - fair value
= $35,000 - $28,000
= $7,000
If we consider the building and the patent we see that the estimated cash flows are more than the book value, so no loss on impairment should be taken place
Therefore, only $7,000 should be recorded as a loss on impairment of the asset
