Telephone Numbers Are Exactly Seven Digits Long, Which Is Consistent

question 26

Multiple Choice

Telephone numbers are exactly seven digits long, which is consistent with

• A) the limited duration and span of sensory memory.
• B) the capacity of both echoic and iconic memory.
• C) our short-term memory capacity.
• D) serial transfer of information from short-term to long-term memory.

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Definitions:

Prepaid Costs

Payments made beforehand for products or services that will be delivered at a later date.

Expired Cost

A cost that has been incurred and recognized as an expense, reflecting the consumption of an asset or a service in generating revenue.

Monetary Unit Assumption

An assumption that requires that only those things that can be expressed in money are included in the accounting records.

Asset Prepayments

Payments made in advance for goods or services, recorded as assets on the balance sheet until used or expired.