When a Transaction Occurs There Are Systematic and Defined Steps

question 103

Multiple Choice

When a transaction occurs there are systematic and defined steps that take place within the organization to complete all of the underlying tasks.These “defined steps†are referred to as:

• A)Business Processes
• B)Financial Transactions
• C)Accounting Information Systems
• D)Customer Service Arenas

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Definitions:

Ebbinghaus

Hermann Ebbinghaus was a German psychologist known for his pioneering work on memory, particularly the discovery of the forgetting curve, which describes the rate at which information is lost over time if there is no attempt to retain it.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, critical for reasoning and the guidance of decision-making and behavior.

Estrogen

A group of steroid hormones that play a crucial role in the development and regulation of the female reproductive system and secondary sex characteristics.

Hippocampus

A major component of the brain located in the medial temporal lobe, important for learning and memory.