Dinesh Takes a Look Through His Office Desk and Makes

question 82

Multiple Choice

Dinesh takes a look through his office desk and makes a mental note of the supplies he needs to replenish.On the way to the supply room,he realizes that he can remember only the first three supply items he needs to replenish in his office desk.This illustrates the ____.

• A)spreading activation model
• B)primacy effect
• C)recency effect
• D)maintenance model

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Definitions:

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered but not yet paid for.

Written Off

The process of acknowledging that a debt is uncollectible and removing it from the accounts.

Bad Debts Expense

An estimated expense that represents the amount of receivables that are not expected to be collected.

Prepaid Rent

An asset account representing rent payments made in advance of the rental period.