You Try to Remember a Phone Number by Repeating It

question 270

Multiple Choice

You try to remember a phone number by repeating it over and over to yourself. What type of rehearsal are you using?

• A) condensed
• B) permanent
• C) elaborative
• D) maintenance

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Definitions:

Sales Adjusted

Adjustments made to recorded sales figures for returns, allowances, or discounts to determine the actual net sales amount.

Cash Basis

An accounting method recognizing revenues and expenses when cash is actually received or paid out, rather than when earned or incurred.

Selling and Administrative Expense

Expenses related to the selling of products and the management of the business, not directly tied to production.

Statement of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company.