You Look Up a Friend's Address for the Envelope of a Letter

question 226

Multiple Choice

You look up a friend's address for the envelope of a letter you're writing. Suddenly, the phone rings. You abandon your address research to answer the phone, but it is a wrong number. When you get back to write down the address, you have forgotten it because _____ memory has failed you.

• A)long-term
• B)short-term
• C)sensory
• D)iconic

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Definitions:

Auditors

Professionals or firms appointed to review and verify an organization's financial records and statements to ensure accuracy and compliance with accounting standards.

Financial Asset

An intangible asset whose value is derived from a contractual claim, such as stocks, bonds, and bank deposits.

Mutual Fund

A type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by an investment company.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.