COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ their biased perceptions, which influence the information they pay attention to, the problems they identify, and the alternatives they develop.
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Confirmation bias
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The framing bias
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The anchoring effect
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Selective perception
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Explanation:
Detailed explanation-1: -Selective perception is the tendency not to notice and more quickly forget stimuli that cause emotional discomfort and contradict our prior beliefs. For example, a teacher may have a favorite student because they are biased by in-group favoritism.
Detailed explanation-2: -Perception bias is a type of unconscious bias that occurs when our perception is skewed based on inaccurate and overly simplistic assumptions about a group a person “belongs” to. This may include biases or stereotypes about age, gender, and appearance.
Detailed explanation-3: -Types. There are two types of selective perception: perceptual vigilance and perceptual defense.
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