Julian Is Playing a Computer Trivia Game Against Some Friends

question 149

Multiple Choice

Julian is playing a computer trivia game against some friends. When he wins the first game he attributes his win to his quick reaction time. However, when Julian loses the second game he attributes his loss to the fact that his signalling button stopped working correctly. What do Julian's attributions illustrate?

• A)matching hypothesis
• B)fundamental attribution error
• C)self-serving bias
• D)actor-observer bias

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Definitions:

Financing Activities

Transactions involving external sources of funding, including equity, debt, dividends, and repayment of loans, that are reported in the cash flow statement.

Cash Dividends

payments made to shareholders out of a company’s profits, distributed as cash.

Increase in Income Taxes Payable

An accounting term referring to a rise in the amount of income taxes a company owes to the government, yet has not paid.

Direct Method

A cash flow statement preparation method that shows the specific sources of operating cash receipts and payments.