Words at the End of a List Are Typically Remembered

question 127

Multiple Choice

Words at the end of a list are typically remembered better than words presented in the middle.This is known as the recency effect and it presumably happens because the last few words on the list remain in __________ memory.

• A)seriasensory
• B)long-term
• C)episodic
• D)short-term

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Definitions:

Comprehensive Income

The total change in equity for a business enterprise during a period from transactions and other events from non-owner sources.

GAAP

Stands for Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.

Accrued Taxes

Taxes that have been incurred but not yet paid during a given accounting period, representing a liability on the company's balance sheet.

Operating Cash Flow

Cash generated from a company's everyday business operations, indicating its ability to generate sufficient positive cash flow to maintain and grow its operations.