The General Tendency for People to Make Internal Rather Than

question 13

Multiple Choice

The general tendency for people to make internal rather than external attributions, even when there are clear potential situational causes, is known as ______.

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

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Definitions:

Note Receivable

A financial asset representing a promise to receive a definite amount of money at one or more specified future dates.

Interest Revenue

Income received from interest-bearing financial assets, such as bonds or savings accounts.

Loss on Sale

The negative financial difference between the sale price of an asset and its book value.

Note Discounted

A financial term referring to a note that is sold for less than its face value before its maturity, usually to improve liquidity.