Card Players Who Attribute Their Wins to Their Own Skill

question 101

Multiple Choice

Card players who attribute their wins to their own skill and their losses to bad luck best illustrate

• A) unconditional positive regard.
• B) reciprocal determinism.
• C) the spotlight effect.
• D) self-serving bias.

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Definitions:

Cost Concept

An accounting principle that states all assets and services purchased by a company should be recorded at their cost price.

Market Value

The present rate at which a service or asset may be purchased or sold in the market.

Accounting Records

Documents and books that keep systematic financial data and transactions of a person, company, or entity.

Ethical Lapses

Instances where individuals or organizations fail to act in accordance with their moral or ethical standards.