扫码下载APP
及时接收最新考试资讯及
备考信息
The strong belief that a manager's decisions and evaluations are correct, leading investors to overemphasize their abilities, is best characterized as:
a. Illusion of control
b. Confirmation bias
c. Overconfidence
d. Excessive optimism
答案:C
Explanation
Choice “c” is correct. The manager's belief that they are generally correct is overconfidence.
Choice “d” is incorrect. The manager's belief that results will generally be positive is excessive optimism.
Choice “b” is incorrect. Confirmation bias is when managers use data that confirms their conclusions and ignores data that challenges their ideas.
Choice “a” is incorrect. The erroneous belief that the financial manager has control over valuation outcomes that are really the result of market forces.
Copyright © 2000 - www.chinaacc.com All Rights Reserved. 北京正保会计科技有限公司 版权所有
京B2-20200959 京ICP备20012371号-7 出版物经营许可证 京公网安备 11010802044457号