COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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involuntary
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rational
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reflexive
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impulsive
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Detailed explanation-1: -Impulsive individuals make risky decisions, motivated more by immediate reward rather than by the potential long-term negative consequences of their choices, suggesting heightened sensitivity to reward and/or reduced sensitivity to negative outcomes (Ainslie, 1975).
Detailed explanation-2: -For many, impulsive behaviors are a symptom of an unmanaged mental health disorder. Isolated incidents of impulsivity happen to everyone. However, impulsive behavior that is regular and intense tends to lead to negative consequences. They may include anything from damaged relationships to arrest and incarceration.
Detailed explanation-3: -In psychology, impulsivity refers to a personality trait that leaves you prone to acting on your impulses, over thinking things through and considering the consequences. This means you have a tendency to make rash decisions, and say things you wish you hadn’t. You might also indulge in risky behaviours.