You Are on a Team with Two Individuals Who Are

question 134

Multiple Choice

You are on a team with two individuals who are difficult.The work has been divided among the three of you and each time your team meets,Janet and Jim disagree about the progress of the team project.Janet is convinced that Jim's lack of progress is because he is inherently lazy and not because of some overwhelming problem with the project itself. Janet seems to be guilty of:

• A)self-serving bias.
• B)the fundamental attribution error.
• C)ethnocentrism.
• D)proximity bias.

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Definitions:

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set.

Weighted Average Method

An inventory costing method that averages the cost of all similar items in inventory, assigning a single cost to each unit regardless of purchase date.

Cost Per Equivalent Unit

A calculation used in process costing that divides the total cost by the number of units produced, taking into account partial completion of units at the end or beginning of an accounting period.

Conversion Costs

The combined costs of direct labor and manufacturing overheads that are incurred in turning raw materials into finished products.