Which of the Following Statements Is Not True

question 156

Multiple Choice

Which of the following statements is not true?

• A) A mnemonic technique may be based on rhyme.
• B) Rote memorization is just as effective as mnemonic techniques for getting information into long-term memory.
• C) Mnemonic techniques may involve visualization.
• D) Mnemonic techniques are methods of encoding material that help us to remember.

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Definitions:

Currencies

Different systems of money in use, recognized by various countries or regions for the exchange of goods, services, or debt.

LIFO Reserve

A LIFO reserve is an accounting metric that companies use to account for the difference in cost of goods sold (COGS) calculated using the Last-In, First-Out (LIFO) method and another inventory accounting method, often the First-In, First-Out (FIFO) method.

FIFO

A stock control method where the oldest inventory items are sold first, ensuring that the cost of inventory matches the actual flow of goods.

Inventory Records

Documentation detailing the quantities, condition, and locations of all the inventory items a company holds.