In a Classic Memory Study by Peterson and Peterson (1959),participants

question 331

Multiple Choice

In a classic memory study by Peterson and Peterson (1959) ,participants were given consonant strings to remember-such as DBX and HLM-and then instructed to count backwards from 100 by 3.After a variable amount of time,the participants were asked to recall the consonant strings.Asking participants to count backwards effectively prevents:

• A)sensory storage.
• B)iconic memory.
• C)short-term storage.
• D)rehearsal.

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Definitions:

Business Entity Assumption

An accounting principle that treats a business as a separate legal entity from its owners, requiring separate accounting records.

Personal Financial Information

Data related to an individual's finances, including income, debt, investments, and credit history.

Sole Stockholder

An individual or entity that is the only owner of all the shares of a company.

External Users

Individuals or entities outside of a company who are interested in its financial information, including investors, creditors, and regulatory agencies.