Remy Has Recently Learned About Kelley's Covariation Model

question 112

Multiple Choice

Remy has recently learned about Kelley's covariation model.He uses it when his sister does something that isn't typical for her so the consistency of that behavior is low.What kind of attribution does he make for her behavior?

• A) circumstance attribution
• B) personal attribution as long as distinctiveness is low
• C) external attribution as long as consensus is high
• D) internal attribution

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Definitions:

Adjusting Entry

An adjusting entry, in accounting, is utilized to update the records for expenses and revenues that have accrued but not yet been recorded in the general ledger by the end of an accounting period.

Accumulated Depreciation

The cumulative amount of depreciation expense recorded for fixed assets over their useful lives, reflecting the decline in the assets' value from wear and tear or obsolescence.

Depreciation Expense

The allocated amount of an asset's cost that is expensed during a given period, reflecting the asset's consumption or loss of value.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period of time.