In 1965, Jones and Davis Suggested That People Prefer to Make

question 10

Multiple Choice

In 1965, Jones and Davis suggested that people prefer to make internal attributions because

• A) internal attributions are perceived to be better for predicting behavior.
• B) internal attributions are faster.
• C) people don't like thinking about situational factors.
• D) internal attributions make the perceiver happy.

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Definitions:

Working Capital Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with its current assets.

Acid-test Ratio

The acid-test ratio, also known as the quick ratio, measures a company's ability to pay its current liabilities without needing to sell inventory.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Current Liabilities

Current liabilities are financial obligations a company is due to pay within one year, including accounts payable, short-term debts, and other similar liabilities.