When Greg Tried to Remember the Name of His Employer's

question 21

Multiple Choice

When Greg tried to remember the name of his employer's wife,he had trouble getting the right name.At first he thought it might be Sandy or Candy but finally realized that it was Mandy.Greg's confusion is evidence that short-term memories are primarily encoded in __________ form.

• A)acoustic
• B)visual
• C)tactile
• D)optical

---

Definitions:

Goodwill

An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair value of its net assets.

Proportionate Consolidation Method

An accounting technique used for combining the financial statements of joint ventures, where the investor's share of each line item is included proportionally.

Non-Controlling Interest (NCI)

A financial interest in a subsidiary attributed to shareholders outside of the controlling shareholder group, reflecting their share of the entity's equity that isn’t controlled by the parent company.

Identifiable Net Assets (INA) Method

is a technique used in business combinations to value the acquired company by summing the fair values of its identifiable assets and liabilities.