Which of the Following Is One Explanation for the Primacy

question 104

Multiple Choice

Which of the following is one explanation for the primacy effect?

• A) Information obtained early is usually more important than information obtained later.
• B) People tend to pay closer attention to central trait information.
• C) The meaning of information obtained later is often altered to fit with earlier impressions.
• D) People tend to take initial impression information and compare and contrast subsequent impression information to it.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the balance between income and expenditure.

Stock Dividend

A dividend payment to shareholders in the form of additional shares rather than cash.

Owners' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of the shareholders.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial condition at a specific moment in time, showing assets, liabilities, and shareholders' equity.