Blaming the Teacher for a Poor Grade on an Exam,and

question 2

Multiple Choice

Blaming the teacher for a poor grade on an exam,and taking credit for good grades could be an example of which perceptual bias?

• A)Perceptual distortion
• B)Closure activity
• C)Self-serving bias
• D)Stereotyping
• E)Perceptual grouping

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Definitions:

Mixed Cost

A cost that contains both variable and fixed cost elements, changing in total with the level of activity but having a portion that remains constant.

Variable Cost

Costs that vary directly with the level of production or service activity.

Fixed Cost

Expenses that do not change with the level of production or sales over the short term, such as rent, salaries, and insurance.

Period Cost

An expense that is not directly tied to the production process but rather incurred over a specific time period.