Which One of the Following Statements Best Characterizes Working Memory

question 26

Multiple Choice

Which one of the following statements best characterizes working memory (sometimes known as short-term memory) ?

• A)It holds information for several hours and includes only things that we know we will need later on.
• B)It holds information for only a second or two unless we engage in maintenance rehearsal.
• C)It actively processes a small amount of information, typically holding it for less than a minute.
• D)It holds processed information for several days or weeks, but probably not forever.

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Definitions:

Credit Terms

The conditions under which credit is extended by a seller to a buyer, including payment deadlines and interest rates.

Discount Period

The time period that a buyer has to take advantage of trade discounts offered by a seller for early payment of invoices.

Freight Costs

Expenses incurred by a company to transport goods from one location to another, often included in the cost of sales or inventory.

Selling Expense

Costs incurred directly in the sale of a product or service, including advertising, sales commissions, and store upkeep.