_____Is the Tendency to Overestimate Our Value by Attributing Successes

question 9

Multiple Choice

_____is the tendency to overestimate our value by attributing successes to ourselves (internal causes) and attributing failures to others or the environment (external causes) .

• A) Closure
• B) A defensive bias
• C) A self-serving bias
• D) The fundamental attribution error
• E) Overreward

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Definitions:

Personnel Expenses

Costs associated with employing staff, including wages, benefits, and taxes.

Client-visits

Meetings or engagements with clients outside the company's premises for business discussions or services.

Activity Variance

The variance between the projected budget for a task and the actual expenses incurred.

Budgeting

The process of creating a plan to spend your money by estimating the revenue and expenses for a future period, used as a financial guide.