________ is the process by which we test whether a hypothesis is capable of explaining a fact.

A. Deduction
B. Induction
C. Empiricism
D. Curiosity
E. Exposition


Answer: A

Business

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Credit card companies can enhance their perception of value by:

A) giving cash back or airline miles credit for all purchases. B) offering different levels of cards (gold, platinum, etc.). C) giving customers access to live-person contact. D) All of the above could enhance perception of value.

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John is involved in a work-school cooperation that involves him following around a professional in his or her field for a week. This is known as a/an

a. internship. b. shadowing. c. orientation. d. field training.

Business

As a market-follower strategy, a counterfeiter emulates the leader's products, name, and packaging, with slight variations

Indicate whether the statement is true or false

Business

Chapin Company purchased investments in 2017 at a cost of $200,000and recorded them as trading securities. Their market values totaled $250,000 and $230,000 on December 31, 2017, and December 31, 2018, respectively. The entry required on December 31, 2018, would include a

A) debit to Unrealized Holding Gain/Loss-Trading Securities of $20,000 B) credit to Unrealized Holding Gain/Loss-Trading Securities of $20,000 C) credit to Unrealized Holding Gain/Loss-Trading Securities of $30,000 D) debit to Unrealized Holding Gain/Loss-Trading Securities of $30,000

Business