Jason, While Standing on the Deck of a Ship, Is

question 37

Multiple Choice

Jason, while standing on the deck of a ship, is trying to memorize distant landmarks to the harbor entrance; he is trying to create a mental picture of all the names. He is using ________.

• A)an acoustic code
• B)prospective memory
• C)a visual code
• D)implicit memory

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Definitions:

Freight In

The cost associated with transporting goods into a warehouse or to the buyer, which is often included in the inventory cost of those goods.

Net Purchases

The total amount of purchases made by a business after subtracting returns, allowances, and discounts.

Cost of Goods Sold

The immediate expenditures associated with making the goods a company sells.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, including the repayment period, discount for early payment, and the amount of late fees.