Steven Is Studying for a Final Exam

question 15

Multiple Choice

Steven is studying for a final exam.He is reviewing his notes and the text.He takes breaks every 40 minutes to stay focused.After studying for 3 hours, he feels overwhelmed by the amount of information he must understand and retain for the test in a week.Which strategy will help him the most?

• A)Break the material down into objectives.
• B)Use note cards.
• C)Reduce information.
• D)Go from the general to the specific.

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Definitions:

Charge And Discharge Statement

A financial report detailing the charges or debits against an account and the credits or payments made to it, often used in the context of trust accounts or estates to show activities over a period.

Journal Entry

A record that keeps the details of a financial transaction in the accounting books, involving a debit and credit.

Funeral Cost

Funeral Cost pertains to all expenses incurred for the burial or cremation and the associated ceremonies and services following a death.

Federal Estate Tax

A tax imposed by the federal government on the transfer of the taxable estate of a deceased person, whether it passes via will, according to state law, or in other ways.