Effective Learners Silently Give Themselves Guidance and Ask Themselves Questions

question 69

Multiple Choice

Effective learners silently give themselves guidance and ask themselves questions. For example, as they are learning, they might ask themselves, "What are the important ideas here? What do I remember? What don't I understand? What do I need to review? What should I do next?" This step in reflective learning is known as

• A)being one's own teacher.
• B)planning a learning strategy.
• C)monitoring one's progress.
• D)taking corrective action.

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Definitions:

Current Replacement Cost

The amount of money it would cost to replace an asset at the present time, considering its current condition.

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy.

Net Income

The residual earnings of a company following the subtraction of all costs and taxes from its revenue.

Costing Method

An accounting approach used to value inventory and determine the cost of goods sold, which can vary, such as FIFO (First-In, First-Out) or LIFO (Last-In, First-Out).