Words at the End of a List Are Typically Remembered

question 289

Multiple Choice

Words at the end of a list are typically remembered better than words presented in the middle. This is known as the recency effect and it presumably happens because the last few words on the list remain in __________ memory.

• A)sensory memory
• B)long-term
• C)episodic
• D)short-term

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Definitions:

Consolidation Entry TI

Consolidation Entry TI (Transaction Information) involves the adjustments and eliminations made during the consolidation process to accurately reflect the group's financial position as if the entities operated as a single entity.

Consolidation Entry G

A specific journal entry made to eliminate intercompany transactions and balances when preparing consolidated financial statements.

Intra-entity Transfer

Refers to the movement of goods, services, or funds within different parts of the same entity.

Depreciable Asset

An asset that loses value over time due to usage, wear and tear, or obsolescence, and is subject to depreciation accounting to allocate its cost over its useful life.