Burt Witnesses a Mugging on a Crowded Bus,but Does Nothing

question 150

Multiple Choice

Burt witnesses a mugging on a crowded bus,but does nothing to help the victim.When later asked by the police to explain his inaction,Burt says that he figured someone else would help the victim.Burt has cited which explanation for the bystander effect?

• A) arousal-cost-reward
• B) diffusion of responsibility
• C) group inhibition
• D) social contagion

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Definitions:

IFRS 3

Refers to the International Financial Reporting Standard that covers the accounting treatment for all business combinations, including the recognition and measurement of goodwill and determination of fair value for identifiable assets and liabilities.

Business Combinations

The uniting of separate companies, assets, or entities into one through various types of financial transactions, including mergers and acquisitions.

Journal Entry

A record in accounting that notes a specific financial transaction in a company's books, involving debits and credits to various accounts.

Elimination Entry

An accounting entry made to remove the effects of intra-company transactions when consolidating the financial statements of a parent and its subsidiaries.