Maria Finds That It Is Easier to Remember Her Student

question 158

Multiple Choice

Maria finds that it is easier to remember her student ID number if she thinks of it in segments, such as the first three digits, then the next two, and then the final four. Each of these short segments of the number are called ________.

• A) codes
• B) cues
• C) chunks
• D) stores

---

Definitions:

Collection Policy

A collection policy outlines the procedures a company uses to collect accounts receivable, including timelines, communication strategies, and actions for overdue payments.

Accounts Receivables

The amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Payables Policy

A company's set of guidelines or practices for managing its accounts payable, including terms of payment and prioritizing of payments.

Sales Policy

The strategic approach and guidelines a company follows for selling its products or services.