Your Instructor for Your History of Psychology Class Has Told

question 2

Multiple Choice

Your instructor for your History of Psychology class has told you that using the chapter outline in the textbook is a good way to study for the exam. This suggestion is based on research supporting the use of ________ as study aids.

• A) keywords
• B) first-letters
• C) hierarchies
• D) visual images

---

Definitions:

Direct Materials

Raw materials that can be directly attributed to the production of finished goods, considered a variable cost.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing companies to better forecast costs and revenues.

Personnel Expenses

Costs associated with employing staff, including wages, benefits, and training costs.

Planning Budget

A financial plan that estimates the revenue and expenses for a specific period in the future, often used for setting financial goals.