The answer is: c. It’s important to keep accurate records.
In cases when the people from authority need to conduct an audit to our financial information, they will crosschecks the accounting records that we have with the actual proof of the transaction (slips, bank statement, cheques, etc). If, there are some inaccuracies in the records, they could use it as a proof to indict us for financial frauds even if it's a honest mistake on our part.
<span>The branch of psychology that re represented in this particular professors views is behaviorism. This is a theory to help understand the behavior of both animals and humans. It is driven by the belief that every behavior is either a consequence of someone, or somethings, history or a reflex that is produced for specific stimuli around them</span>
Answer: the availability bias
Explanation: this is also called availability heuristic.
In this type of bais, humans ability to recur an occasional , frequently or quick occurence of an action that readily comes into our minds as the true fact thereby ignoring the real truth. Humans most time believes that an action if common, frequently and readily comes to mind and can be easily secured is the right or true thing or action and they ignore the alternative.
At times,human decisions and actions are usually influenced by their beliefs, what they see or hear occasional that has been buit up in their mind and by other factors. Most of this beliefs or notions they have come to accept are most times not true but it becomes very hard to convince them because that idea or notions have already been registered in their memory. Media units example television, radio and even new technology like mobile phones has also act as an influencing factor also that sway the emotions or minds of humans
Answer: D. Modelling.
Modeling is not part of hypothesis testing.
Explanation:
Hypothesis testing is an essential procedure in statistics. A hypothesis test evaluates two mutually exclusive statements about a population to determine which statement is best supported by the sample data. When we say that a finding is statistically significant, it's thanks to a hypothesis test.
Steps in testing hypothesis
1. State the hypotheses. Every hypothesis test requires the analyst to state a null hypothesis and an alternative hypothesis. ...
2. Formulate an analysis plan. The analysis plan describes how to use sample data to accept or reject the null hypothesis. ...
3. Analyze sample data. ...
4. interpret the results
