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Tiffany is involved in a memory study and is given the following list of letters to remember: CARBEDDOGCATEATPIE. The researcher notices that she can remember the whole series of letters, contrary to the standard seven pieces of information expected. Which of the following processes most likely explains Tiffany's ability to remember all the letters?
Unexpired Insurance
The portion of an insurance premium that has not yet expired or been used and is considered a prepaid expense.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life.
Equipment
Tangible property or assets, excluding real estate and vehicles, used in the operation of a business to produce goods or services.
Unearned Revenue
Money received by a company for goods or services yet to be delivered or provided, recorded as a liability.
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