While Having a Coffee at Tim Horton's, a Friend Suggests

question 220

Multiple Choice

While having a coffee at Tim Horton's, a friend suggests a new book you should read. Later that day you are at the bookstore and go to buy the book. But you cannot remember the title. As you leave, you walk by the Tim Horton's and the title comes back to you. This illustrates the principle of

• A)memory decay
• B)explicit recall
• C)mood congruency
• D)retroactive decay
• E)encoding specificity

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Definitions:

Salvage Value

The estimated resale value of an asset at the end of its useful life, reflecting what a company expects to recover to offset initial costs.

CCA Depreciation

Stands for Capital Cost Allowance Depreciation, which is a way to claim a tax deduction for the depreciating value of assets over time in Canada.

Market Value

The market's present selling or buying price for an asset or service.

CCA Class

Refers to the classification of tangible property under the Canadian Capital Cost Allowance for purposes of tax depreciation.