________ Is to Individuals as ________ Is to Groups

question 49

Multiple Choice

________ is to individuals as ________ is to groups.

• A) Fundamental attribution error; ultimate attribution error
• B) Accuracy; biases
• C) Stereotype; prejudice
• D) Personal attribution; collective attribution

---

Definitions:

Internal Control

Processes and practices implemented to safeguard a company's assets, ensure financial reporting accuracy, and comply with regulations.

Customer's Ledger

A detailed record keeping of all transactions between a business and its customers, often part of the accounts receivable.

General Ledger

A comprehensive set of accounts that records all financial transactions of a business, used to prepare financial statements.

Accounts Receivable

Funds due to a company from its clients for goods or services rendered but payment has not been received yet.