Professor Schaan Has Just Returned an Exam to Her Organizational

question 173

Essay

Professor Schaan has just returned an exam to her organizational behaviour class.Unfortunately, the class average was much lower than usual, and nearly half the students failed.The students complained that the test was much too difficult and was full of tricky and misleading questions.However, Professor Schaan insists that the test was fair and believes that the students simply did not study hard enough.Use your knowledge of attribution errors and perceptual biases to analyze this scenario.

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Definitions:

NSF

An acronym for "Non-Sufficient Funds," indicating that a check cannot be processed due to insufficient money in the account.

Bank Reconciliation

The process of comparing and adjusting a company's financial records to match the transactions recorded by the bank, ensuring accuracy in the accounts.

Bank Reconciliation

The process of matching and comparing figures from accounting records against those presented on a bank statement.

Cash Sales

Transactions in which a customer pays for goods or services at the point of sale with cash, resulting in immediate revenue for the seller.