Examlex
AASB requires companies to use the:
Newer Information
Refers to recently acquired data or knowledge that updates or supersedes previous understanding.
Retroactive Interference
A memory phenomenon where new information interferes with the ability to recall old information.
Proactive Interference
A phenomenon where old memories inhibit the capacity to remember new information.
Serial Position Effect
A psychological phenomenon where an individual is more likely to remember the first and last items in a series.
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