When You Try to Remember a List Including "Candy,sugar,sour,dessert,salty

question 34

Multiple Choice

When you try to remember a list including "candy,sugar,sour,dessert,salty ...," which of these errors are you likely to make?​

• A)You might omit all the words that start with "s."
• B)​You might say "sweet," which wasn't on the list.
• C)​You might repeat the list in backward order.
• D)​You might insist that the list had only seven words, when it really had far more.

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Definitions:

Lower Cash Balance Limit

The minimum amount of cash that a business aims to maintain in its cash reserves to meet emergency or operational needs.

Miller-Orr Model

The Miller-Orr Model is a financial model used to manage cash flow and determine the optimal balance between holding cash versus short-term investments.

Disbursements

Payments made by a business, often related to operational expenses or loan repayments.

Optimal Average Cash Balance

The ideal level of cash a company seeks to maintain to minimize the costs associated with holding too much or too little cash.