People Tend to Attribute Their Own Behaviors to Situational Factors

question 74

Multiple Choice

People tend to attribute their own behaviors to situational factors, but attribute the behaviors of others to dispositional factors. This pattern is known as the ____.

• A)fundamental attribution error
• B)heuristic effect
• C)self-serving bias
• D)actor/observer bias

Calculate goodwill using the proportionate interest method.

Calculate goodwill using the fair value method.

Determine the fair value of shares for NCI in the absence of an active market.

Understand the impact of preference shares not owned by the parent on NCI.

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Definitions:

Budgeted Unit Sales

The number of units that an organization plans or expects to sell in a specific period, according to its budget.

Beginning Inventory

The value of all the inventory held by a company at the start of an accounting period.

Ending Inventory

The total value of all inventory items that a company has in stock at the end of an accounting period.

Beginning Inventory

The value of inventory on hand at the start of an accounting period, consisting of raw materials, work-in-process, and finished goods.