Ringelmann and Triplett Are Best Labeled as

question 30

Multiple Choice

Ringelmann and Triplett are best labeled as

• A)the first researchers to explore conformity.
• B)sociologists who established social psychology as a distinct discipline.
• C)pioneers in the field of social cognition.
• D)the founders of social psychology.

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Definitions:

Bad Debts Expense

Bad debts expense represents the amount of receivables a company estimates it will not collect due to customer defaults.

Trade Receivables

Amounts owed to a business by its customers for goods or services delivered on credit.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount, in exchange for immediate cash.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.