The Process of Acquiring Information and Storing It Over Time

question 77

Multiple Choice

The process of acquiring information and storing it over time is called ________.

• A) memory
• B) retrieval
• C) storage
• D) encoding

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Definitions:

Capital Balance

The amount of money that shareholders have contributed to a company plus retained earnings or minus accumulated losses.

Net Income

What a business financially gains in the end, after subtracting expenses and taxes from its initial revenue.

Capital Balances

Capital balances refer to the amount of money that the owners or partners have invested in a business, not including any profits or losses that the business may earn or incur.

Net Income

The amount of money that remains from revenues after all expenses, taxes, and costs have been subtracted.