Your Long-Time Friend Asks You Several Questions About a Former

question 547

Multiple Choice

Your long-time friend asks you several questions about a former classmate that you "bumped into" while on vacation.Although you talked to this old classmate for over an hour and know that she told you the name of the town in which she and her family are now living, you can't seem to retrieve the name of the town at this moment in time.This is an example of when a memory is

• A) procedural rather than semantic.
• B) temporary rather than permanent.
• C) short-term but not long-term.
• D) available but not accessible.

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Definitions:

Interest

The cost of borrowing money or the return earned on an investment, expressed as a percentage of the principal.

Check Stub

A part of a check that is kept for record-keeping purposes, detailing the check's purpose, date, and amount.

Balance Forward

The amount of money brought forward from a previous statement or bill as the starting point for the next period.

Balance Carried

The amount of money or value transferred from the end of one financial statement or period to the beginning of another.