Which One of the Following Kinds of Knowledge Is Least

question 12

Multiple Choice

Which one of the following kinds of knowledge is least likely to be dependent on active, conscious processing to be learned? Base your choice on research findings presented in the textbook.

• A) Knowing that Los Angeles is approximately 3,000 miles from New York.
• B) Knowing how to start a fire using crumpled newspaper and small twigs.
• C) Knowing that football, lighthouse, and airport are all compound words.
• D) Knowing that the word cat appears in speech more often than feline.

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Definitions:

Revaluation Surplus

An increase in the value of an asset that is reflected on the company's balance sheet when the asset is revalued to its current market value, leading to an appreciation in the asset's worth that is not realized through sales.

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the IASB that aims at making global financial statements more comparable.

Statement of Financial Position

Another term for the balance sheet, detailing a company's assets, liabilities, and equity at a specific point in time.

IFRS

Global accounting guidelines known as International Financial Reporting Standards are used for the preparation of financial statements.