The Idea That When You Think About a Word It

question 71

Multiple Choice

The idea that when you think about a word it triggers related words is referred to as

• A) a conceptual hierarchy response.
• B) clustering.
• C) elaborative rehearsal.
• D) spreading activation within a semantic network.

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Definitions:

Interest Calculation

The process of determining the amount of interest owed or earned over a specified time period, based on the principal amount and the rate of interest.

Accounts Receivable Turnover

This metric calculates how many times a business can turn its accounts receivable into cash during a certain period, indicating the efficiency of credit and collection policies.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for goods or services sold on credit.

Allowance for Doubtful Accounts

An estimation of accounts receivable that a company does not expect to collect, appearing as a contra-asset account on the balance sheet.