The Milgram Experiment and the Zimbardo Experiment Provided Scientific Evidence

question 58

Multiple Choice

The Milgram experiment and the Zimbardo experiment provided scientific evidence of ______.

• A) the power of authority
• B) the importance of social networks
• C) the differences between good-natured and ill-natured people
• D) the difficulty of controlling a mob once it forms

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Definitions:

Liquidation

The process of bringing a business to an end and distributing its assets to claimants, usually when the company is unable to meet its financial obligations.

LIFO

Last In, First Out, an inventory accounting method where the last items added to inventory are the first ones to be used or sold, affecting cost of goods sold and inventory valuation.

Replacement Cost

The cost to replace an asset with another of similar nature and quality in its current condition.

Current Revenues

Income that a company receives from its normal business activities, typically from the sale of goods and services, within the current accounting period.