When Hillary Has Nothing to Write On, She Takes a Mental

question 138

Multiple Choice

When Hillary has nothing to write on, she takes a mental walk through her house selecting various places for items she needs to remember to buy at the grocery store. Then when she gets to the grocery store, she takes this mental walk again while shopping. Which mnemonic device is Hillary using?

• A) peg-word system
• B) method of loci
• C) cue dependency
• D) state-dependent memory

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by an independent organization, providing a global framework for how public companies prepare and disclose their financial statements.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that is globally accepted for preparing financial statements.

Balance Sheet Order

The sequence in which assets, liabilities, and equity are presented in the balance sheet, typically starting with current assets and liabilities.

Noncurrent Assets

Long-term assets that are not expected to be converted into cash within one year or the operating cycle, such as property, plant, and equipment.