The __________ Effect Is the Ability to Recall Information Given

question 120

Multiple Choice

The __________ effect is the ability to recall information given first when given a list of things to remember.

• A) recency
• B) initialization
• C) executive
• D) primacy

---

Definitions:

Profit Center

A branch or division of a company that is directly responsible for generating its own revenue and profits.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, used in the operation of a business and not expected to be consumed or converted into cash in the short term.

Profit Center Income Statement

A financial report that details the revenues, costs, and profits of a distinct unit within a company, focusing on its financial performance.

Controllable Revenues

Revenues earned by a profit center.