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What Does fiNancial Planning Allow fiRms to Do

question 134

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What does financial planning allow firms to do?


Definitions:

Elaborative Rehearsal

A memory technique that involves thinking about the meaning of the term to be remembered, as opposed to merely repeating the word to oneself.

Maintenance Rehearsal

A process of repetitively verbalizing or thinking about information to be remembered, thereby keeping it in working memory longer.

Auditory Encoding

The process by which auditory information is converted into a form that allows it to be stored in memory.

Sensory Storage

A very short-term form of memory that allows the retention of information received through the senses for a brief period.

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