Condensed Income Statements for Marlin Company Are Shown Below for Two

question 8

Essay

Condensed income statements for Marlin Company are shown below for two years.
Compute the corrected income before income taxes for 2013 and 2014,assuming that the inventory as of the end of 2013 was mistakenly understated by $26,000.

Explain the phenomenon of deindividuation and how it affects individual and group behavior.

Recognize the factors that influence the occurrence of group polarization.

Understand the role of anonymity and self-awareness in influencing social behavior and accountability.

Analyze how group dynamics can lead to an enhancement or suppression of individual opinions.

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Definitions:

React Negatively

To respond adversely or unfavorably to a situation, comment, or action.

Evidence

Information or data that is presented in support of an assertion, claim, or case, often in legal, scientific, or academic contexts.

Receptivity

The willingness or readiness to receive and consider new ideas or suggestions.

Planning Step

A phase in the process of developing a strategy or project that involves setting objectives and determining the means to achieve them.