Denise had memorized rules about making adjusting entries in the accounting information system. She continued to use those rules, even when they failed to produce the best outcome possible. Her behavior is an example of:

Question

Quizplus · Accepted Answer

Denise's behavior is an example of bounded rationality, where decision-making is limited by the information she has, her cognitive limitations, and the finite amount of time she has to make a decision. She relies on memorized rules rather than seeking optimal solutions.

Denise Had Memorized Rules About Making Adjusting Entries in the Accounting