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Describe the flow of labor in a process costing system, including accounts used.
Fundamental Attribution Error
The tendency to underestimate situational influences and overestimate personal traits when explaining others' behaviors.
Actor/observer Bias
A cognitive bias that explains differences in how people attribute causes to their own versus others' behavior; typically attributing one's own actions to situational factors and others' actions to personal characteristics.
Internal Attributions
Explanations for people's behaviors based on their internal characteristics, such as personality traits, motives, or attitudes, as opposed to the influence of external circumstances.
External Attributions
The process of assigning the cause of a behavior or event to factors outside the individual, such as situational or environmental influences.
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