Flashbulb Memories

question 15

Multiple Choice

Flashbulb memories:

• A)typically concern major,unexpected public or personal events.
• B)are remarkably accurate,even years after the initial event.
• C)must be due to special encoding mechanisms for emotionally charged events.
• D)are generally less accurate than memories for more mundane events because of the emotion surrounding the original event.

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Definitions:

Cash Receipt

The collection of money (currency, checks, electronic transfers) by a business or individual, typically documented for accounting purposes.

Compensating Balance

A minimum account balance that a borrower agrees to maintain in a bank account as a condition for receiving a loan, often to compensate the bank for the loan or to secure better loan terms.

Footnotes

Additional information provided at the end of financial statements to give more detail or provide explanations about items in the financial statements.

Credit Sale

A type of transaction in which goods or services are provided to a customer with the understanding that payment will be made at a later date.