Our Tendency to Attribute Our Own Positive Outcomes to Internal

question 77

Multiple Choice

Our tendency to attribute our own positive outcomes to internal causes and negative outcomes to external causes is known as ________.

• A)noncommon effects
• B)implicit personality theory
• C)the self-serving bias
• D)the actor-observer effect
• E)explicit personality theory

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Definitions:

Selling Expense Budget

A financial plan that estimates the anticipated selling expenses for a period, including costs related to sales personnel, advertising, and marketing activities.

Sales Commissions

Payments made to sales employees, usually calculated as a percentage of the sales they generate.

Advertising Expense

The cost incurred by a business to promote its products, services, or brand in various media channels.

Cost Of Goods Sold Budget

A budget of the estimated direct materials, direct labor, and factory overhead consumed by sold products.