Identify and Discuss the Tools and Products That Electronically Transfer

question 13

Essay

Identify and discuss the tools and products that electronically transfer funds.

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Definitions:

Procedural Memory

Memory for skills.

Long-term Memory

A type of memory capable of storing information for an extended period of time, from hours to a lifetime.

Short-term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

Rehearsal

A practice session in preparation for a public performance (as of a play or speech) or a process in memory retention involving the repetition of information.