We Tend to Make Attributions for Our Own Behaviors,but Attributions

question 88

Multiple Choice

We tend to make attributions for our own behaviors,but attributions for others' behaviors.

• A)situational; dispositional
• B)dispositional; situational
• C)positive; negative

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Definitions:

Inventory Valuation

The method used to calculate the cost of goods available for sale and determining the ending inventory value for financial reporting purposes.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.

Net Realizable Value

The estimated selling price in the ordinary course of business, minus the estimated costs necessary to make the sale.

Inventory Purposes

The reasons for keeping stock of goods in a business, typically for sale, production, or avoiding stockouts.