As Wendy Read Her Textbook, She Wrote Summaries of Each

question 95

Multiple Choice

As Wendy read her textbook, she wrote summaries of each section. When she met with her study group, she was able to answer many, but not all of the questions posed by her study group. What should she do next?

• A) She should choose a different memory strategy.
• B) She should keep using her current strategy, but concentrate on summarizing parts of the textbook she knows least well.
• C) She should stop studying because she used an effective memory strategy and knows most of the material already.
• D) She should stop going to the study group and study by herself.

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Definitions:

Comparative Balance Sheet

A financial statement that presents the assets, liabilities, and shareholders’ equity of a company at two or more different points in time, used to analyze trends in financial position.

Cash Dividends

Cash dividends are payments made by a corporation to its shareholder members. It is the share of profits distributed in the form of cash.

Operating Activities

Activities related to the day-to-day business operations, such as selling products or services, which generate most of a company's cash flow.

Comparative Balance Sheet

A financial statement that presents the assets, liabilities, and equity of an entity at two or more points in time for comparison purposes.