A Record of the Increases and Decreases in a Specific

question 146

Multiple Choice

A record of the increases and decreases in a specific asset, liability, equity, revenue, or expense is a(n) :

• A) Journal.
• B) Posting.
• C) Trial balance.
• D) Account.
• E) Chart of accounts.

---

Definitions:

Trace Consolidation

The process by which temporary memory representations are transformed into a more durable form, contributing to long-term memory.

Decay

The gradual degradation or loss of information, matter, or quality over time, often used in the context of memory.

Encoding-Specificity Principle

The Encoding-Specificity Principle suggests that memory recall is most effective when information available at the time of recall is similar to the information present at the time of encoding.

Subjective

Relating to experiences, perspectives, or perceptions that are influenced by personal feelings, tastes, or opinions.