Almost Everybody Has Had the Feeling of Knowing the Answer

question 6

Multiple Choice

Almost everybody has had the feeling of knowing the answer to a question,but not being quite able to say it.This is called the tip-of-the-tongue phenomenon and is a failure of:

• A)retention.
• B)storage.
• C)retrieval.
• D)trace consolidation.

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Definitions:

Accounts Receivable to Net Sales

A ratio that measures the amount of money owed to a company by its customers relative to the net sales.

Balance Sheet

A document detailing a firm's assets, liabilities, and owners' equity at a particular moment.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, revealing profit or loss.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.