Deposit in Transit

question 72

Multiple Choice

deposit in transit

• A)added to the company's books
• B)subtracted from the company's books
• C)added to the bank statement balance
• D)subtracted from the bank statement balance

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Definitions:

Permanent Storehouse

A metaphorical term often used to describe long-term memory, where information is stored indefinitely.

Memory System

The memory system encompasses the processes and structures involved in storing and retrieving information in the brain, including short-term, long-term, and working memory.

Immediate Recording

Immediate recording refers to the process of capturing information or data instantaneously at the moment of occurrence or observation.

Automatic Processing

Involves the subconscious execution of tasks without the need for active thought, typically developed through repetition and practice.