1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marusya05 [52]
3 years ago
15

What tendency is most likely manifest in the following situation? An engagement team performed a substantive analytical procedur

e over an expense account. When investigating a significant difference, the team was satisfied with limited evidence to support the client’s plausible explanation (which was in fact incomplete) for the difference
Business
1 answer:
Tatiana [17]3 years ago
7 0

Answer:

The correct answer is Confirmation tendency.

Explanation:

Confirmation bias is the tendency to favor, search, interpret, and remember, information that confirms one's beliefs or hypotheses, disproportionately giving less consideration to possible alternatives.This is a type of cognitive bias and an error Systematic inductive reasoning. People show this tendency when they collect or remember information selectively, or when they interpret it biasedly. The effect is stronger in publications with emotional content and firmly rooted beliefs. They also tend to interpret that ambiguous evidence supports their existing position. The biased search, interpretation and memory have been invoked to explain the polarization of attitudes (when a disagreement becomes more extreme or polarized even though the different parties are exposed to the same evidence), the perseverance of beliefs ( when people's beliefs persist despite the fact that their falsity has been proven), the effect of irrational primacy (when the first experiences with some fact are more confident, than the most recent) and the illusory correlation (when the people falsely perceive an association between two events or situations).

You might be interested in
In her interview with Dalton Conley, Devah Pager discusses her field work in Milwaukee and New York, in which she sent out job a
pychu [463]

Answer: Option (A)

Explanation:

Stigma is referred to as or known as the discrimination against or disapproval of, an individual based on the perceivable social standards or characteristics which serves in order to distinguish the individual from the other members of the society. These social stigmas are usually inclined towards the gender, culture, race, health and intelligence.

7 0
3 years ago
Upon completing an aging analysis of accounts receivable, the accountant for Rosco Works prepared an aging of accounts receivabl
alisha [4.7K]

Answer:

the bad debt expense is $6,830

Explanation:

The computation of the bad debt expense is shown below:

= Estimated uncollectible amount + debit balance of allowance for doubtful accounts

= $6,300 + $530

= $6,830

Hence, the bad debt expense is $6,830

We simply added the above amount as it represent the bad debt amount

The same is to be considered  

6 0
3 years ago
Why is it false that we learn about gods relationship with the people of Israel in the new testament
podryga [215]
Because the New Testament is about Jesus
8 0
3 years ago
Palmer Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann
VashaNatasha [74]

Answer:

So, accounting rate of return = 33 %

Explanation:

given data

net income after tax = $179,850

initial cost = $545,000

time = 7 year

salvage value = $34,000

we will get here  the accounting rate of return

solution

as we know that accounting rate of return is express as

accounting rate of return = Net income ÷ initial investment    .................1

put here value and we get

accounting rate of return = \frac{179850}{545000}  

So, accounting rate of return = 33 %

7 0
3 years ago
Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
expeople1 [14]

Answer:

Pecan Theatre Inc.

Average annual percentage return

                              Cost    Market   20Y1   20Y2  20Y3  20Y4  20Y5  20Y6

                                 per share

Preferred stock   $20.00 $25.00    2%        2%       2%      2%      2%      2%

Common stock    $15.00  $17.50    0%         0%       0%   0.7%   0.8%   0.11%

Explanation:

a) Data and Calculations:

Dividends:                              Cumulative               Common Stock

                                         Preferred Stock               Dividends

                                    Dividends   Per share                   Per share

20Y1,     $80,000           $80,000   $0.40                 $0           $0

20Y2,    $90,000             90,000   $0.40                   0           $0

20Y3,   $150,000           150,000   $0.40                   0           $0

20Y4,   $150,000           100,000   $0.40              50,000      $0.10

20Y5,   $160,000           100,000   $0.40             60,000       $0.12

20Y6,   $180,000           100,000   $0.40             80,000       $0.16

Average annual percentage return

                              Cost    Market   20Y1   20Y2  20Y3  20Y4  20Y5  20Y6

                                 per share

Preferred stock   $20.00 $25.00    2%        2%       2%      2%      2%      2%

Common stock    $15.00  $17.50    0%         0%       0%   0.7%   0.8%   0.11%

Average annual percentage return = Dividend per share/Initial Cost per share

7 0
3 years ago
Other questions:
  • Bank capital has both benefits and costs for the bank owners. Higher bank capital ________ the likelihood of bankruptcy, but hig
    11·1 answer
  • Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next
    7·1 answer
  • Townsend Industries Inc. manufactures recreational vehicles. Townsend uses a job order cost system. The time tickets from Novemb
    7·1 answer
  • The main difference between companies following a broad low-cost strategy and those following a focus low-cost strategy is in th
    6·1 answer
  • award a scholarship of $30,000 each year. The family wants the yearly awards to continue indefinitely. Assume that the fund will
    15·1 answer
  • Seth and Rachel have original investments of $50,000 and $100,000, respectively, in a partnership. The articles of partnership i
    15·1 answer
  • Assumes ABC Company had 50 units in beginning Finished Goods Inventory and sold 1,213 units. Additional data includes: Units pro
    11·1 answer
  • Professor jennings claims that only 35% of the students at flora college work while attending school. dean renata thinks that th
    7·1 answer
  • Alain Mire files a single tax return and has adjusted gross income of $314,000. His net investment income is $43,000. What is th
    9·1 answer
  • A(n) ________ change involves introducing a practice that is new to the industry, such as using drones (rather than delivery tru
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!