What Do Psychologists Call the Tendency for False Post-Event Information

question 35

Multiple Choice

What do psychologists call the tendency for false post-event information to become integrated into a person's memory for the event?

• A) the positive coercion bias misinformation effect
• B) the familiarity induced bias
• C) the leniency bias
• D) the misinformation effect

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Definitions:

Common Stock

Equity securities that represent ownership in a corporation, providing shareholders with voting rights and potentially dividends.

Accounting Principles

Fundamental guidelines or rules that govern the field of accounting, such as consistency, relevance, reliability, and comparability.

Unusual Item

An event or transaction that is not expected to recur frequently or that is unusual in nature, affecting a company's financial statements.

Prior Period

Referring to a previous time frame in financial reporting or analysis.