A term used to describe a lack of objectivity, where individuals have a tendency to analyze events based on their own personal experiences, whether positive or negative.
A term used in the auditor's report to signify sufficient disclosure, reasonable detail, and absence of bias, ensuring the integrity and accuracy of financial statements.
Stereotyping involves classifying people based on one unique characteristic without any prior knowledge, leading to the formation of prejudiced and damaging images.
A value judgment is a judgment reflecting values and personal opinions. Often, it is a biased opinion influenced by the individual's beliefs, emotions, and biases rather than objective facts.
