The Flynn Effect Is the Phenomenon That

question 131

Multiple Choice

The Flynn effect is the phenomenon that

• A) mean IQ scores rise from one generation to the next, unless the test is made more difficult.
• B) people will take more risks to avoid losing something than they will to gain something.
• C) people tend to overlook base-rate information.
• D) it is easier to master the pronunciation of a foreign language if one begins in early childhood.

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Definitions:

Cash Disbursements

The total amount of money that a company pays out in cash during a specific period.

Accounts Receivable Balance

The sum of money that customers owe to a business for products or services they have received but have not yet paid for.

Quarterly Sales

The total revenue generated by a business during a specific quarter of the fiscal year.

Receivable Factoring

A financial transaction where a business sells its accounts receivable (invoices) to a third party (factor) at a discount, in order to obtain immediate cash.