Placing a List of To-Be-Remembered Items Along a Mental Path

question 15

Multiple Choice

Placing a list of to-be-remembered items along a mental path, and then taking a walk to along the path to remember the items is the basic idea underlying which mnemonic device?

• A) the narrative story method
• B) the method of loci
• C) a peg-word system
• D) the keyword method

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Definitions:

Cash Paid

The amount of money disbursed by a business for various purposes, including operating expenses, investments, and financing activities.

Interest

The cost of borrowing money or the payment received for lending money, typically expressed as an annual percentage rate.

Discount on Bonds

The difference between the bond's face value and its selling price when the bond is sold for less than its face value.

Financing Activities

Financing activities are transactions between a company and its creditors or investors, including issuing equity, borrowing money, and repaying loans, reflected in the cash flows statement.