Match These Definitions with the Terms They Define

question 155

Multiple Choice

Match these definitions with the terms they define.
-the tendency, in explaining one's own behaviour, to take credit for one's good actions and rationalize one's mistakes

• A)Fundamental attribution error
• B)Self-serving bias
• C)Just-world hypothesis
• D)Cognitive dissonance
• E)Entrapment

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, which contributes to covering fixed costs and generating profit.

Fixed Costs

Costs that do not change with the level of output or activity, such as rent or salaries.

Financial Advantage

A benefit gained in terms of monetary gains or improved financial position, often resulting from investments, operational efficiency, or strategic decisions.

Fixed Expenses

Costs that do not change with the level of production or sales activity, such as rent, salaries, and insurance.