An Event or Transaction Should Be Considered as an Extraordinary

question 43

True/False

An event or transaction should be considered as an extraordinary item if it is unusual in nature and if it occurs infrequently.

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Definitions:

Semantic Memory

A type of long-term memory involving the capacity to remember meanings, factual information, and general knowledge about the world.

Episodic Memory

The type of long-term memory that involves the recollection of specific events, situations, and experiences, including contextual details such as time and place.

Knitting

A method by which yarn is manipulated to create a textile or fabric, often used in making clothes.

Medial Temporal Lobes

Regions of the brain crucial for the formation of new memories involving the hippocampus and surrounding areas.