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The Tendency to Recall Items at the Beginning of a List

question 199

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The tendency to recall items at the beginning of a list is known as the ___________ effect, and the tendency to recall of items at the end of a list is known as the ___________ effect.


Definitions:

Income Statement

A financial document that shows a company's revenues, expenses, and net income over a specific period of time.

Revenue Expenditures

Payments made for ordinary maintenance of an asset or unnecessary or unreasonable situations.

Plant Assets

Long-term tangible assets used in the production of goods or services.

Capital Expenditures

Original cost of an asset as well as additions or enlargements, extraordinary repairs, and betterments.

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