Phyllis Is Playing in a Basketball Game,and When She Makes

question 183

Multiple Choice

Phyllis is playing in a basketball game,and when she makes a three-point basket she is ecstatic.She proudly tells her coach that it shows how all her extra practice has paid off.However,later in the game,Phyllis misses an almost identical shot.This time she explains to her coach that she was distracted by one of the opposing players.What do Phyllis's attributions illustrate

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

Understand the economic assumptions underlying positive accounting theory, including the rational economic person assumption.

Recognize the importance of accounting policy decisions in financial reporting.

Define market efficiency forms and the efficient-market hypothesis, including their relevance to financial reporting.

Understand the impact of political and debt hypotheses on accounting policy choices and their implications.

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Definitions:

Continuous State

A condition or situation that remains unchanged over time, without interruption or variation.

Motor Tension

Physical strain or stress that results from the activation of the body's motor system, often associated with anxiety or stress.

Acrophobia

An extreme or irrational fear of heights.

Fear of Heights

An anxiety disorder characterized by an extreme and irrational fear of high places, also known as acrophobia.