Philosophy

Knee-Jerk
Knee-jerk reactions are automatic, involuntary responses, often influenced by one's underlying beliefs or philosophies. The term originates from the involuntary leg contraction observed when a doctor's mallet taps the knee.
Value Judgment
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.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.