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The Tendency for Observers to Underestimate the Impact of the Situation

question 131

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The tendency for observers to underestimate the impact of the situation and to overestimate the impact of personal dispositions on another's behavior is called


Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets relative to its current liabilities.

Numerator

The top number in a fraction or ratio that represents the part of the whole being considered.

Denominator

In mathematics, the denominator is the bottom part of a fraction that indicates how many equal parts the whole is divided into.

Working Capital Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with its current assets.

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