Sylvia,a Foreign-Exchange Student from China,rarely Takes Credit for Her Achievements

question 73

Multiple Choice

Sylvia,a foreign-exchange student from China,rarely takes credit for her achievements in school,preferring to say that her accomplishments are due to her very good teachers.She usually explains her failures as being caused by her own faults,however.This reflects the importance of .

• A)cultural differences in the self-serving bias
• B)the self-effacing bias
• C)gender differences in the self-serving bias
• D)personal resistance to the above average effect
• E)the negative influence of overly high self-esteem

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Definitions:

Equivalent Unit

A measure used in cost accounting to express the amount of work done on inventory units in terms of fully completed units.

First-in

First-in, often associated with the accounting method "First-In, First-Out" (FIFO), refers to the principle that the first items added to an inventory are the first ones to be used or sold.

Conversion Costs

The sum of labor costs and overhead expenses associated with transforming raw materials into finished goods.

Equivalent Units

Equivalent units are a concept used in cost accounting to express the amount of work completed in terms of fully finished units, especially in processes involving partial completion of units.