Phyllis Is Playing in a Basketball Game, and When She

question 132

Multiple Choice

Phyllis is playing in a basketball game, and when she makes a three-point basket she is ecstatic. She proudly tells her coach that it shows how all her extra practice has paid off. However, later in the game Phyllis misses an almost identical shot. This time she explains to her coach that she was distracted by one of the opposing players. Phyllis' attributions for her performance during the game are consistent with

• A) the fundamental attribution error.
• B) the actor-observer bias.
• C) a self-serving bias.
• D) the matching hypothesis.

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Definitions:

Overreliance On Volume

The high dependency on sales volume to drive profit, risking profitability if volume decreases.

Overhead Applied

The allocation of manufacturing overhead to individual products or job orders based on a predetermined rate.

Actual Activity

The real measure of the volume of production or operation activities undertaken by a company within a specified period.

Estimated Overhead Cost

Estimated overhead cost refers to a projection or forecast of the total indirect expenses that will be incurred during a specified period in the production process.