__________ Memory Includes What People Can Do or Demonstrate, Whereas

question 148

Multiple Choice

__________ memory includes what people can do or demonstrate, whereas ______________ memory is about what people know and can report.

• A) Nondeclarative; declarative
• B) Declarative; nondeclarative
• C) Semantic; implicit
• D) Episodic; semantic

---

Definitions:

Purchase Discount

A reduction in the purchase price, offered by the seller to the buyer, as an incentive for early payment.

Terms 2/10 n/30

Payment terms indicating a 2% discount if paid within 10 days, otherwise the full amount is due within 30 days.

Physical Inventory Count

An assessment method where a business physically counts its entire inventory to verify stock records and accounts.

Perpetual Inventory System

An inventory management method where updates to inventory records are made in real-time following each receipt or sale of inventory items.