The Fundamental Attribution Error, or the Tendency to Attribute Other

question 9

Multiple Choice

The fundamental attribution error, or the tendency to attribute other people's behavior to dispositional traits rather than situational pressures, is evident in the following pattern of thinking:

• A) Colin often lies but he was coerced to say the truth about what he saw and he did.
• B) The weather was terrible and so the burglar decided not to use the fire escape.
• C) Matthias was very tired and that is why he has quit the competition mid-way through.
• D) The robber stumbled because he was clumsy and not because the road was slippery.

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Definitions:

Disclosure in Notes

Providing additional information and context to items in the financial statements within the notes section, aiding in transparency and understanding.

IFRS

International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board for global use.

U.S.GAAP

Refers to the Generally Accepted Accounting Principles in the United States, which are a set of rules and standards used for accounting and financial reporting.

Revenue Recognition

Accounting principle determining when and how revenue is recognized and recorded, ensuring it reflects the actual earnings process.