What Was the Main Conclusion Drawn from the Stanford Prison

question 12

Multiple Choice

What was the main conclusion drawn from the Stanford prison experiment?

• A) social roles are powerful determinants of human behavior
• B) students cannot be relied upon to act appropriately
• C) students cannot be trusted in roles of authority
• D) when operating in a group, some people will put forth less effort than if they were operating alone

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Definitions:

Permanent Accounts

The balance sheet accounts whose balances are carried over into future accounting periods, not closed at the end of the fiscal year.

Posting

The process of recording financial transactions to the appropriate accounts in the general ledger.

Adjusting Entries

Journal entries made in accounting records at the end of an accounting period to update the accounts for any accruals and deferrals that were not recorded during the accounting period.

Accounting Cycle

A series of steps performed during an accounting period, starting with recording transactions and ending with the preparation of financial statements.