A Group of Pedestrians Is Standing on a Corner, Waiting

question 172

Multiple Choice

A group of pedestrians is standing on a corner, waiting for the light to change.A driver runs a red light and narrowly misses another car.According to work on the two-step process of making attributions, who is most likely to point out how quickly the light changed from amber to red when explaining the near accident?

• A) Dan, who is searching in his pocket for his house keys
• B) Cynthia, who is mentally rehearsing her shopping list
• C) Jeff, who is trying to think of what to cook for dinner
• D) Wesley, who is feeling alert and hasn't a concern in the world

---

Definitions:

Period Costs

Period costs are expenses that are not directly tied to the production of goods and are instead charged to the accounting period in which they are incurred, such as selling and administrative expenses.

Insurance Expense

The cost incurred by a business to secure insurance coverage against various risks, recorded as a periodic expense.

Factory Building

A structure purposely designed and constructed for manufacturing operations, housing machinery, equipment, and workers.

Product Cost

The total expense incurred to produce a product, inclusive of direct materials, labor, and overhead costs.