Zachariah Was Not Sure That He Was Ready for His

question 264

Multiple Choice

Zachariah was not sure that he was ready for his midterm exams,but once he started,he found that he was able to accurately recall the information he had learned.The main memory process that accounts for the fact that Zachariah could access and utilize the information in his memory is

• A) encoding.
• B) storage.
• C) retrieval.
• D) rehearsal.

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Definitions:

Accounts Payable

Liabilities of a business that are owed to creditors for goods and services purchased on credit and are due within a short period, typically less than a year.

Perpetual Inventory System

Inventory accounting method that uses computerized point-of-sale and enterprise asset management software to immediately track sales or purchases of inventory.

Customer Refunds Payable

A liability account representing the amount of money owed to customers for the return of goods or dissatisfaction with services provided.

Credit To Inventory

An accounting entry that increases the total value of inventory held by a company, reflecting additions or corrections to stock.