After Gathering Extensive Information About the Colleges She Was Interested

question 55

Multiple Choice

After gathering extensive information about the colleges she was interested in attending, Krista let the information "incubate" outside her conscious awareness for several days. This provided time for her decision to be potentially enhanced by

• A) a critical period.
• B) confirmation bias.
• C) an algorithm.
• D) intuition.

---

Definitions:

Journal Entry

A record in accounting that represents a transaction with debit and credit amounts recorded in the ledger to maintain financial records.

Retail Business

A type of business that sells products directly to consumers, typically through various distribution channels.

Service Business

An enterprise offering services or intangible items to its clientele instead of material goods.

Periodic Inventory System

An inventory accounting system where updates are made at set intervals, typically leading to annual updates on inventory status and valuation.