What We Remember Depends on

question 38

Multiple Choice

What we remember depends on

• A)what we pay attention to.
• B)what we regard as meaningful and important.
• C)what we feel strongly about.
• D)all of these.

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Definitions:

Chart of Accounts

A systematic list of accounts that a company uses for the organization of its financial transactions and to prepare financial statements.

Salaries Expense

The cost incurred by a company for the salaries of its employees.

Journal Entry

A record in accounting that notes the details of a financial transaction.

Posting Reference

An alphanumeric code or number used to identify the original journal entry in the ledger, facilitating the tracking of transactions and their origins in accounting records.