According to the Bystander Effect

question 96

Multiple Choice

According to the bystander effect,

• A)we are more likely to help others when others are present.
• B)we are less likely to help others when others are present.
• C)we are unaffected by bystanders when help is needed.
• D)we are more likely to receive help from bystanders.

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Definitions:

Variable Budget

A financial plan that adjusts for changes in the volume of activity, allowing for flexible cost controls depending on actual performance.

Management by Exception

A management strategy where only significant deviations from set standards are brought to the attention of management.

Variances

The differences between planned or expected financial outcomes and the actual results achieved.

Fixed Budget

A budget that outlines expected revenues and expenses over a specific period, which does not adjust in response to changes in business activity levels.