COST ACCOUNTING
INFORMATION FOR DECISION MAKING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
She has developed the System 2 thinking necessary for math class, but not for psychology class.
|
|
|
Her knowledge from mathematics is interfering with her knowledge in psychology.
|
|
|
She is not able to transfer her understanding in mathematics to a new context (situation). So, her approach to solving the problem shows System 1 thinking.
|
|
|
Mary’s self-esteem in psychology class is interfering with her ability to solve the problem. It has nothing to do with System 1 and System 2 thinking.
|
Detailed explanation-1: -Which of the following statements is true about thinking, decision making and problem solving? Decision making is a part of problem solving-and both decision making and problem solving are examples of thinking.
Detailed explanation-2: -Models of thinking and decision-making that could be studied include: theory of reasoned action and theory of planned behaviour (concerned with the relationship between attitudes and behaviour when making choices) the adaptive decision-maker framework including emotions and goals in the decision process.
Detailed explanation-3: -Some psychologists restrict the term “confirmation bias” to selective collection of evidence that supports what one already believes while ignoring or rejecting evidence that supports a different conclusion.
Detailed explanation-4: -Problem-solving is thinking that is directed toward solving specific problems by means of a set of mental strategies.