The Three Phases of Memory Include (1)changing External Information into a Neural

question 106

Multiple Choice

The three phases of memory include (1) changing external information into a neural code,(2) retaining the information,and (3) accessing it later on.In this order,these three memory steps are

• A) (1) input, (2) storage, and (3) retrieval.
• B) (1) encoding, (2) storage, and (3) retrieval.
• C) (1) encoding, (2) processing, and (3) output.
• D) (1) input, (2) processing, and (3) output.

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales over a certain period, such as rent or salaries.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Units

Refers to a standard quantity or measurement used for comparison and calculation, such as in physics or mathematics.

Month

A unit of time, approximately 30 days, used as a standard measurement for billing cycles, budgeting, and financial forecasting.