Wayne and Sally Are Telling Their Friends About the Interesting

question 54

Multiple Choice

Wayne and Sally are telling their friends about the interesting things they did during their recent trip to Banff National Park.What type of memory are Wayne and Sally using to communicate the events of their trip?

• A)episodic
• B)strategic
• C)mnemonic
• D)selective

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Definitions:

Order of Magnitude

A classification of scale or size of a quantity, where each class is ten times greater or smaller than the one before.

Gross Method

An accounting practice where purchases are recorded at the total invoice cost without deducting any purchase discounts.

Net Method

An accounting approach where discounts for early payment are assumed to be taken and thus are deducted from the cost of purchases.

Accounts Payable

Short-term liabilities representing amounts owed to suppliers or creditors for goods and services received.