We Make Self-Serving Attributions for All of the Following Reasons

question 112

Multiple Choice

We make self-serving attributions for all of the following reasons except

• A)we are concerned with obtaining accurate feedback about ourselves to use in making future decisions.
• B)we try to maintain our self-esteem whenever possible.
• C)we want other people to think well of us.
• D)we have more information available to us than others do about our past history of successes.

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Definitions:

Gross Price

Gross price refers to the total price of a product or service before any deductions, such as discounts or taxes, are applied.

Net Price

The final price after all discounts, rebates, and taxes are applied, indicating the actual cost to the buyer.

Credit Sales

Transactions in which goods or services are provided to a customer with an agreement to pay at a later date.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, illustrating how the revenues are transformed into net income or loss.