All of the Following Scenarios Will Make Us More Likely

question 62

Multiple Choice

All of the following scenarios will make us more likely to conform EXCEPT:

• A) living in a culture that emphasizes individuality.
• B) believing that the group will apply sanctions to nonconforming behaviors.
• C) being strongly committed to the group.
• D) being in a powerful group.
• E) being highly susceptible to interpersonal influence.

---

Definitions:

Periodic Inventory System

An inventory accounting system where updates to inventory levels are made at specific intervals, such as monthly or annually, rather than continuously.

FIFO

"First In, First Out," an inventory valuation method assuming that the oldest items in inventory are sold or used first.

LIFO

A inventory valuation method where the last items added to inventory are the first ones sold, standing for "Last In, First Out."

Average Cost

A calculation of the total cost of goods available for sale divided by the total units available for sale, used to compute cost of goods sold in certain inventory valuation methods.