In Accounting, ABN Stands For

question 48

Multiple Choice

In accounting, ABN stands for:

• A) Annual Business Number.
• B) Australian Business Number.
• C) Automated Business Number.
• D) Australian Bank Number.

---

Definitions:

Cocktail Party Effect

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, much like being able to focus on a single conversation in a noisy room.

Selective Memory

The phenomenon of remembering certain information while forgetting others, often influenced by emotional factors.

Broadbent

Donald Broadbent, a British cognitive psychologist who made significant contributions to the field of attention and information processing.

Central Executive

A component of working memory model that is responsible for directing attention and orchestrating cognitive processes when performing tasks.