Consider the Following Two Lists of Words: List 1) Man

question 377

Multiple Choice

Consider the following two lists of words: List 1) man, mad, cap, can, map; List 2) big, huge, broad, long, tall. When presented with these two lists, research indicates that people usually have more difficulty in accurately remembering List 1, which suggests that the _____________ encoding plays an important role in short-term memory.

• A)episodic
• B)visual
• C)sensory
• D)phonological

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Definitions:

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Receivables Turnover

A financial ratio that measures how efficiently a company collects debt from its credit sales, calculated by dividing net credit sales by the average accounts receivable.

Inventory Turnover Ratio

A measure of how quickly a company sells its inventory within a given period, calculated by dividing the cost of goods sold by the average inventory.

Credit Sales

Sales made by a business allowing the customer to pay at a later date, often tracked through accounts receivable.