The Recency Effect Occurs When Participants Are Asked to Recall

question 14

Multiple Choice

The recency effect occurs when participants are asked to recall a list of words.One way to get rid of the recency effect is to

• A)have participants say "la,la,la" while studying the list.
• B)present the list more slowly.
• C)have participants count backwards for 30 seconds after hearing the last word of the list.
• D)have participants see the words on a screen,rather than hear them.

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Definitions:

Projections Section

Part of a business plan or report that includes forecasted financial statements or other future expectations.

Profit Models

Profit models describe the ways in which a business generates revenue and profits, including the identification of revenue sources, cost structures, and profit margins.

Risks

Potential events or conditions that could have a negative impact on objectives, operations, or outcomes, requiring management and mitigation strategies.

Budgets

Detailed forecasts of income and expenditure for a set period of time, outlining financial plans and goals.