Difference between Capital And Revenue Expenditure

Difference between Capital And Revenue Expenditure Capital expenditure includes costs incurred on the acquisition of a fixed asset and any subsequent expenditure that increases the earning capacity of an existing fixed asset.The cost of acquisition not only includes the cost of purchases but also any additional costs incurred in bringing the fixed asset into its

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Process Of Memory | General Psychology

Process Of Memory | General Psychology Memory is essentially the capacity for storing and retrieving information. Three processes are involved in memory: encoding, storage, and retrieval. All three of these processes determine whether something is remembered or forgotten. 1) Encoding Processing information into memory is called encoding. People automatically encode some types of information without being

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Schools of Thought in Psychology | General Psychology

Schools of Thought in Psychology General Psychology When psychology first emerged as a science separate from biology and philosophy, the debate over how to describe and explain the human mind and behavior began. The different schools of psychology represent the major theories within psychology. The first school of thought, structuralism, was advocated by the founder

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Sensation

Sensation  ■ What is the primary function of our sensory receptors? Sensory receptors transduce raw physical energy into neural impulses, which are then interpreted by our central nervous system. ■ What does the term absolute threshold refer to, and why is signal detection theory important? The absolute threshold is the smallest magnitude of a stimulus

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