Which Is a Potential Example of the Fundamental Attribution Error

question 23

Multiple Choice

Which is a potential example of the fundamental attribution error?

• A)Shawn thought that her secretary was the kindest person she had ever met.
• B)Rich figured that the team was late because of congested air traffic over Atlanta.
• C)Pam explained that late report by noting that she wasn't familiar with the new software.
• D)Cleo mistook the female vice-president for a secretary.
• E)Joe attributed the car accident to slippery pavement.

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Definitions:

Average Collection Period

The average number of days it takes for a company to collect payment from its credit sales.

Common Stock

A type of corporate equity ownership, representing a portion of the stake in a company.

Market Price

The current price at which an asset or service can be bought or sold in a particular market.

Accounts Receivable Turnover

A financial ratio indicating how many times a company's receivables are turned into cash within a specific period.