AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 359 Topic 36 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 359 Topic 36 Discussion

CWM_LEVEL_2 Exam Topic 36 Question 359 Discussion:
Question #: 359
Topic #: 36

Section A (1 Mark)

______________is a risk whenever a decision maker commits resources to a course of action (thereby making an “investment”) in the hope of achieving a positive outcome and experiences disappointing results


A.

Framing Bias


B.

Mental accounting


C.

Escalation of Commitment


D.

Hindsight bias


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