Barry Received an a on His First Group Project

question 98

Multiple Choice

Barry received an A on his first group project.He believes this grade is the result of his superior intelligence and hard work.He received a D on his second group project,and he attributes this grade to the other group members' poor work and stupidity.What attributional error is Barry demonstrating?

• A) The fundamental attribution error
• B) A self-serving bias
• C) The actor-observer effect
• D) Unrealistic optimism

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Definitions:

Service Organizations

Companies offering non-physical services or products to their customers, rather than physical items.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on their usage of resources.

Selling and Administrative Costs

Expenses related to the selling of products and the management of a business, exclusive of manufacturing costs.

Activity-Based Costing

A method in managerial accounting that assigns costs to products or services based on the activities that go into producing them.