Which statement best describes metamemory skills?

Metamemory skills refer specifically to an individual's awareness and understanding of their own memory processes. This includes knowledge about what strategies are effective for remembering information, an understanding of the factors that affect memory retention, and insight into one's own strengths and weaknesses in memory performance. Those with well-developed metamemory skills can assess how well they know something and can employ appropriate strategies to enhance their memory.

The other options do not pertain to metamemory. Writing well is related to writing skills, while the quick recall of facts emphasizes retrieval speed rather than the understanding of memory processes. Summarizing written texts focuses on comprehension and synthesis, which, although important for learning, do not encompass the broader scope of understanding one's own memory systems.