Automatic Processing Occurs When

question 35

Multiple Choice

Automatic processing occurs when

• A)cognitive resources are high.
• B)response times are long.
• C)tasks are well-practiced.
• D)attention is focused.

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Definitions:

Short-Term Assets

Assets that are expected to be converted into cash or used up within one year or within the business's operating cycle if longer than a year.

Quick Ratio

A financial metric that measures a company's ability to meet its short-term obligations with its most liquid assets.

Liquidity

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

Current Ratio

Current assets divided by current liabilities.