"Can You Believe It? Another Cellphone, and This One Looks

question 107

Multiple Choice

"Can you believe it? Another cellphone, and this one looks expensive!" the cosmetics salesperson laughed as she waved the cell phone that the customer had left behind. "Well, put it in the drawer with the others," her co-worker said. "They'll probably come back for this one." Such everyday instances of absentmindedness are usually caused by:

• A)retrieval failure.
• B)prospective memory failure.
• C)encoding failure.
• D)source confusion.

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Definitions:

Merchandise Purchases Budget

A financial plan outlining the projected purchases of inventory needed to meet expected sales demand.

Sales Forecast

A Sales Forecast is an estimate of the amount of sales a company expects to achieve over a specific period, based on market research, historical data, and other predictive methods.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, enabling effective cash management.

Capital Expenditure Budget

A budgeting plan for major investments in physical assets, such as buildings and equipment, that a company plans to acquire.