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Artemon [7]
2 years ago
6

When decision makers seek out information that reaffirms their past choices and discount information that contradicts past judgm

ents, they are exhibiting the ________.
Business
1 answer:
lozanna [386]2 years ago
3 0

Answer:

They are exhibiting confirmation bias

Explanation:

Confirmation bias occurs when a person discards information that does not validate his pre-existing beliefs, and only takes into account the information that does validate those same pre-existing beliefs.

If a decision maker only seeks out information that does not contradict their past judgments, they are exhibiting confimation bias because they are preventing their past judgments and views from being challenged.

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The payroll register of Heritage Co. indicates $4,200 of social security withheld and $1,050 of Medicare tax withheld on total s
svlad2 [7]

Answer:

the journal entry should be:

Dr Salaries expense 70,000

    Cr FICA - Social security taxes payable 4,200

    Cr FICA - Medicare taxes payable 1,050

    Cr Employee federal income taxes withheld payable 15,350

    Cr Retirement saving withheld from employees payable 2,800

    Cr Salaries payable 46,600

Explanation:

If the company was to journalize their payroll taxes expense:

Dr Payroll tax expense 5,250 + (depends on FUTA and SUTA taxes)

    Cr FICA - Social security taxes payable 4,200

    Cr FICA - Medicare taxes payable 1,050    

    Cr State unemployment taxes (SUTA) payable (varies depending on salaries)

    Cr Federal unemployment taxes (FUTA) payable (varies depending on salaries)

7 0
2 years ago
Comparing and contrasting sets of data in order to rank them and make a decision best defines _____.
Murrr4er [49]
Comparing and contrasting sets of data in order to rank them and make a decisions best defines as evaluation. In evaluation, you need to rank your employees for the compensation or salary increase that they will receive. The most performer will receive the biggest increase since he has done bigger.
4 0
2 years ago
Read 2 more answers
Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct lab
o-na [289]

Answer:

$75.40

Explanation:

Mark up is a percentage applied on the cost to get the selling price. In other  word, the difference between the marked-up amount and the total cost gives the profit of the entity.

To get the target selling price, we would first determine the total cost, then apply the mark up percentage on the cost and add the result to the cost.

Total cost per unit

= $12 + $4 + $9 + $10 + $5 + $12

= $52

Amount of mark up

= 45% * $52

= $23.40

Target selling price = $52 + $23.40

= $75.40

4 0
2 years ago
Record year-end adjusting entries (LO3-3) Below are transactions for Wolverine Company during 2021. On December 1, 2021, Wolveri
marysya [2.9K]

Answer: See explanation

Explanation:

1. Dr Deferred revenue 2,000

Cr. Rent revenue 2,000

2 Dr. Insurance expense 6,600

Cr. Prepaid insurance 6,600

3 Dr Salaries expense 3,000

Cr Salaries payable 3,000

4 Dr Interest expense 250

Cr Interest payable 250

5 Dr Supplies expense 3,900

Cr Supplies. 3900

N. B:

Rent revenue for December was calculated as:

= $4,000 x 1/2

= $2,000

Insurance expense for the current year was calculated as:

= $13,200 x 6/12

= $6,600

Interest expense:

= $15,000 x 10% x 2/12

= $15000 × 0.1 × 2/12

= $250

Supplies expense:

= $1,000 + $3,400 - $500

= $3,900

3 0
2 years ago
Enlightened marketing calls for building long-run consumer engagement, loyalty, and relationships by continually improving the b
VMariaS [17]

Answer:

A) customer value marketing

Explanation:

Customer value refers to the value that our customers assign to the products or services that our company sells them. In other words, is the cost of our product or service offset by the benefits that we receive from consuming it. As long as the equation is always favorable to our side, i.e. perceived benefits > cost of our product, our customers will continue to purchase our products or services.  

Customer value marketing tries to continuously increase the customers' perceived benefits, therefore always keeping the equation favorable to our side.

6 0
2 years ago
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