The "Fundamental Attribution Error" Refers to Our Tendency to ________

question 94

Multiple Choice

The "fundamental attribution error" refers to our tendency to ________.

• A)overestimate the role of situations in causing our own behavior
• B)assume that we can do no wrong
• C)overestimate the role of dispositions in causing others' behavior
• D)overestimate the role of others in causing our own behavior
• E)overestimate the role of situations in causing others' behavior

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Definitions:

Net Income

The net earnings of a business once all costs, taxes, and expenses have been deducted from its total income.

Inventory

The total amount of goods a company holds in stock, including raw materials, work-in-progress, and finished goods.

Variable Costing

An accounting method that only assigns variable costs to inventory, considering fixed costs as period expenses.

Absorption Costing

An accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - as part of the cost of a product.