When We Make Self-Serving Attributions,we Tend to Attribute Our Successes

question 55

Multiple Choice

When we make self-serving attributions,we tend to attribute our successes to _______ factors and our failures to _______ factors.

• A) unstable; stable
• B) external; consistent
• C) inconsistent; consistent
• D) uncontrollable; controllable
• E) internal; external

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Definitions:

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted.

Traceable Fixed Expenses

Fixed costs that can be directly associated with a specific business segment or product, aiding in accurate financial analysis and decision-making.

Common Fixed Expenses

Costs that do not vary with the level of production or sales and are shared among different segments or products of a company.

Break-even

The point at which total costs and total revenues are equal, resulting in no net loss or gain.