Which of the Following Is NOT True of Schemas

question 21

Multiple Choice

Which of the following is NOT true of schemas?

• A)They are a part of short-term memory.
• B)They can influence the amount of attention you pay to a given event.
• C)They help people retrieve information from memory.
• D)They help determine what you will recall.

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Definitions:

Equipment

Items of property intended for long-term use in the operation of a business, such as machinery and furniture.

Liability Account

An account representing an obligation or amount owed by a business to others, such as loans, accounts payable, or mortgages.

Revenue Account

An account that tracks the income a company generates from its operations or activities.

Chart of Accounts

Chart of Accounts is an organized list of all accounts in a business entity’s financial statements, used for categorizing all financial transactions.