In Groups, People Often Pay Attention to What Other Group

question 74

Multiple Choice

In groups, people often pay attention to what other group members think about an issue and then base their own beliefs on the direction they think the group as a whole is taking. This phenomenon is explained by:

• A) terror management theory.
• B) social comparison theory.
• C) social identity theory.
• D) system justification theory.

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Definitions:

Cash Basis Accounting

An accounting method in which revenues and expenses are recorded only when cash is received or paid out, not when the transaction occurs.

Goods

Physical items that are produced or purchased for sale.

Services

Intangible products such as expertise, assistance, or access to resources provided by businesses or professionals.

Accounting Period

A specific time period for which financial records and statements are prepared for a business or organization.