The _____ Effect Refers to How Information That Is Presented

question 53

Multiple Choice

The _____ effect refers to how information that is presented last can have the most influence.

• A) recency
• B) primacy
• C) channel
• D) final

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Definitions:

Government

The organization, machinery, or agency through which a political unit exercises authority and performs functions and which is usually classified according to the distribution of power within it.

Remeasurement Gains And Losses

Gains or losses that result from the process of converting the financial statements of a foreign operation into the presentation currency or functional currency.

Unrealized Gains

Gains on investments that have increased in value but have not yet been sold and thus not turned into cash.

Statement

A general term for any kind of financial report or declaration made by a company or an individual.