The Following Data Were Gathered to Use in Reconciling the Bank

question 6

Multiple Choice

The following data were gathered to use in reconciling the bank account of Savannah Company: ​
What is the adjusted balance on the bank reconciliation?

• A) $14,470
• B) $10,705
• C) $15,095
• D) $15,720

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Definitions:

Asch's Line-Judgment Experiment

A study on conformity that demonstrated the power of social pressure on individuals to conform to an incorrect majority view.

Deindividuation

A psychological state where an individual loses self-awareness and self-restraint, often occurring within group settings.

Inhibitions

Mental or psychological processes that restrain or hold back one's actions, emotions, or thoughts.

Milgram's Obedience Experiments

Milgram's obedience experiments were a series of studies that demonstrated people's willingness to obey authority figures, even to the extent of inflicting harm on others.