The Memory System That Has an Almost Unlimited Storage Capacity

question 228

Multiple Choice

The memory system that has an almost unlimited storage capacity is _____ memory.

• A)time-based
• B)long-term
• C)working
• D)auditory sensory

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Definitions:

Direct Labour

The labor costs associated directly with the manufacture of goods, including the wages of workers who are actively involved in the production process.

Standard Cost

The predetermined cost of manufacturing a single unit or a number of product units during a specific period, used for budgeting and performance evaluation.

Budget

A financial plan that estimates income and expenditure for a specific period of time.

Equivalent Units

A concept used in process costing that converts partially completed units into a number of fully completed units, facilitating cost calculation.