You Do Poorly on a Speech in Front of Your

question 9

Multiple Choice

You do poorly on a speech in front of your classmates. You attribute your poor performance to "not enough time to prepare," even though you had three weeks to construct a 4-minute presentation. This is an example of

• A) fundamental attribution error
• B) negativity bias
• C) self-serving bias
• D) self-disclosure

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Definitions:

GAAP

Generally Accepted Accounting Principles, a set of rules and guidelines that companies follow to ensure their financial statements are consistent and transparent.

Right of Return

A policy that allows customers to return purchased goods within a specific period for a refund, exchange, or credit.

Revenue Recognition

The accounting principle detailing the specific conditions under which revenue is recognized and recorded.

Reasonably Estimated

A concept that pertains to the feasibility of approximating a figure or amount in the absence of precise or complete information, often used in accrual accounting.