Counterfeiters Depend on the Fact That People's Long-Term Memory Often

question 120

Multiple Choice

Counterfeiters depend on the fact that people's long-term memory often does not contain specific details but only general meanings. They are relying on the gaps that occur in memory when people

• A)have an ability to chunk.
• B)employ sensory memory.
• C)have no immediate memory span.
• D)use semantic encoding.

---

Definitions:

Required Return

The lowest percentage of return per annum that draws in companies or individuals to invest in a particular security or project.

IRR

Internal rate of return; a financial metric used to assess the profitability of investments by calculating the rate of return where net present value of all cash flows (both positive and negative) from a project equals zero.

Project

A temporary endeavor undertaken to create a unique product, service, or result.

Payback Criterion

A capital budgeting method that measures the time required to recoup the initial investment in a project.