Which of the Following Best Describes What Was Learned from the Stanford

question 184

Multiple Choice

Which of the following best describes what was learned from the Stanford Prison experiment?

• A) People may initially adopt the role to which they are assigned but they quickly return to their own identity.
• B) People may initially adopt the role to which they are assigned, but after a short period of time they begin to question the decisions of those in authority.
• C) The findings of the study appear to predict behaviours in similar situations such as prison, or prisoner-of-war camps.
• D) There was little learned from this study because it was so ethically flawed the findings were tainted.

Analyze the profitability of continuing with a current production operation versus outsourcing.

Determine the relevance of costs and benefits in make-or-buy and special order decisions.

Evaluate the financial implications of dropping a product or segment based on relevant costs and benefits.

Calculate the target costing for new products based on desired return on investment.

---

Definitions:

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Oil Well Service

A category of services aimed at the maintenance, workover, and completion of oil wells to enhance or maintain their production efficiency.

Activity Variance

The difference between actual activity levels and those projected, affecting budgeted and actual costs.

Total Expenses

The sum of all costs and expenses associated with operating a business.