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Learn Textbook definitions.

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misskaraleah:

--- Quote from: costargh on April 26, 2008, 08:50:28 pm ---Within a definition their are usually a number of characteristics which define that concept/word.

For example in Accounting for a current asset, rather than memorizing a word by word definition I remember that a current asset is
1) a resource controlled by the entity (something the business has control of like Cash @ Bank)
2) as a result of past events ( say, through selling a good to a customer)
3) resulting in inflows of future economic benefits ( the asset will have some form of benefit for the business)
4) next 12 months (benefits to come within the next 12 months)

Those characteristics are all essential to defining a current asset in accounting.

Try applying this approach to some of your Pysch definitions and see if it works =)

--- End quote ---

Yeah thats a good approach. I think i will learn the definitions by heart- if i have time- then im safe either way. If not i'll adapt your ideas costragh

:)

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