How Might a Self-Serving Bias Be Observed in a Corporate

question 182

Multiple Choice

How might a self-serving bias be observed in a corporate annual report?

• A)The report would emphasize the role of competition, inflationary pressures, and other external causes of problems in the organization's performance.
• B)The report would acknowledge that competition, the economy and other external factors should be credited for some of the company's recent success.
• C)The report would acknowledge some of management's mistakes, but suggest that management in other companies have been making the same mistakes.
• D)The report would say more about the company's problems and less about its successes.
• E)The report would exclude any bad news about the organization's performance.

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Definitions:

Trade Surplus

Occurs when the value of a country's exports exceeds the value of its imports.

U.S. Dollar

The official money of the United States, commonly utilized as a standard and reserve financial instrument globally.

Imports

refer to goods or services purchased from other countries, which are brought into a country to meet domestic demand or for further processing.

Exports

Goods or services produced in one country and sold to buyers in another, contributing to a nation's gross domestic product.