According to the Working Memory Model Developed by British Psychologist

question 281

True/False

According to the working memory model developed by British psychologist Alan Baddeley, the phonological loop is the component that is specialized for spatial or visual material, such as remembering the layout of a room or city.

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses from its total revenues.

Equity Method

An accounting technique used to record investments in associate companies, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor’s share of the associate’s net assets.

Long-Term Investments

Assets that are intended to be held for more than one year, such as stocks, bonds, or real estate, for income or capital gains.

Accounting

A system that collects and processes (Analyzes, measures, and records) financial information about an organization and reports that information to decision makers.