Mnemonic Devices

question 158

Multiple Choice

Mnemonic devices

• A) can only be used to remember concrete words.
• B) have existed since ancient times.
• C) are generally ineffective and are unnecessary in modern times.
• D) are the main element for improving everyday memory.

---

Definitions:

Net Income

Net income is the total amount of profit a company makes after all expenses, taxes, and costs have been subtracted from its total revenue.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but not full control, typically between 20% and 50% ownership.

Dividends

Distributions of earnings given by a business to its shareholders, often as profit sharing.

Equity Method

An accounting technique used by companies to assess the profits earned by their investments in other companies, where the investment income is proportional to the equity held.