When We Make Judgments About the Behavior of Other People

question 110

True/False

When we make judgments about the behavior of other people, we tend to underestimate the influence of external factors and to overestimate the influence of internal factors. This tendency is called the self-serving bias.

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Definitions:

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Suppliers

Entities that provide goods or services to another organization or individual.

Fee for Services

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Double-Entry Bookkeeping System

An accounting method that records each transaction in two accounts, ensuring the accounting equation balances.