Echoic Memory Refers to

question 93

Multiple Choice

Echoic memory refers to

• A) the encoded meanings of words and events in long-term memory.
• B) a vivid memory of an emotionally significant event.
• C) the automatic retention of incidental information about the timing and frequency of events.
• D) a momentary sensory memory of auditory stimuli.

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Definitions:

Accounting Cycle

The sequence of processes beginning with the recording of a transaction and ending with the posting to the financial statements, completed in each accounting period.

End-of-period Spreadsheet

A financial document used to summarize account balances and adjustments at the end of an accounting period, facilitating the preparation of financial statements.

Accounting Records

Documents and books that capture all the financial transactions of a business or individual.

Closing Process

The procedure in accounting that involves the transfer of all income and expense account balances to the retained earnings to prepare the ledger for the next accounting period.