Examlex

Solved

Martha Wins Three Games of Backgammon in a Row, Even

question 89

Multiple Choice

Martha wins three games of backgammon in a row, even though she has never played before. If Martha assumes she has "beginner's luck," she is making an _____ attribution about her success; if she decides backgammon is an easy game, she is making an _____ attribution about her success.


Definitions:

Subsidiary Company

A company that is controlled by another company, typically referred to as the parent company.

Dividend Income

Earnings received by shareholders from their investment in a corporation's stocks, typically in the form of cash dividends.

Investment in Associates

A long-term investment in another company where the investor holds a significant but not majority stake, typically 20%-50% of the voting stock.

Equity Method

An accounting technique used to record investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor's share of net assets of the investee.

Related Questions