Nikki Is in the Second Grade and Is Given the Following

question 484

Multiple Choice

Nikki is in the second grade and is given the following problem to solve: John has 15 apples, Amy has 10 apples, and Chris has 5 apples.How many apples do John and Chris have altogether? Nikki adds the apples for all three people, using the irrelevant information about Amy's number of apples.Thus, according to Davidson, Nikki is displaying a lack of

• A) selective attention.
• B) selective comparison.
• C) selective encoding.
• D) selective combination.

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Definitions:

Contingency Planning

The process of preparing for potential future situations or emergencies, particularly those that might disrupt operations.

NPV

Net Present Value, a method used in capital budgeting to assess the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Conventional Capital Budgeting

A process of planning and evaluating large-scale investments and expenditures to optimize a company's capital expenditures and investments.

Forecasting Risk

The potential for a forecast to be inaccurate, which can lead to incorrect business decisions and financial performance assessments.