A Debit Balance Means That a Variance Is Unfavorable Since

question 148

True/False

A debit balance means that a variance is unfavorable since it decreases income (just like an expense).

---

Definitions:

Iconic Memory

A fast-decaying store of visual information; a component of the sensory memory that briefly holds images.

Echoic Memory

A type of sensory memory that holds auditory information for a few seconds after the sound is made.

Consolidation

The process by which memories become stable in the brain, transforming from a short-term to a long-term state.

Neural Functioning

The operation and activities of neurons, including the transmission of electrical and chemical signals within the brain and throughout the nervous system.