Consider the Following Two Lists: 1

question 46

Multiple Choice

Consider the following two lists: 1. car, sofa, tree; 2. honour, truth, justice. The first list should be easier to remember in part because

• A) it can be dual coded
• B) it has lower levels of interference
• C) it is likely to have deeper processing
• D) it is not an associative network
• E) it is less effortful

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Definitions:

Long-term Debt

Borrowings of a company that are due for repayment more than one year into the future.

Current Liabilities

Financial obligations that a company is expected to settle within a year, including accounts payable, short-term loans, and accrued expenses.

Sales Revenue

Earnings a company secures through the sale of goods or services provided.

Sales Taxes Payable

The amount of sales tax collected from customers that has not yet been remitted to the relevant taxation authority, representing a liability.