Ross and Colleagues (2004) Randomly Assigned Participants Previously Identified as Either

question 89

Multiple Choice

Ross and colleagues (2004) randomly assigned participants previously identified as either competitive or cooperative to one of two games: the "Wall Street Game" or the "Community Game." They found that two-thirds of the players in the "Wall Street Game" behaved competitively compared to one-third of people who played the "Community Game" who behaved competitively.What do these findings suggest?

• A) True personality differences do not exist.
• B) It is not important to study individual differences in personality.
• C) Seemingly minor aspects of a social situation can override personality differences.
• D) All the competitive people ended up playing the "Wall Street Game."

---

Definitions:

Deposits in Transit

Funds that have been received and recorded by a company but not yet by its bank.

Bank Reconciliation

Process of verifying the accuracy of both the bank statement and the cash accounts of a business.

Bad Debt Expense

This refers to an expense recognized by businesses to account for invoices that are unlikely to be paid by customers.

Income from Operations

The earnings generated from a company's principal business activities, excluding non-operating income and expenses such as interest and taxes.