Throughout this test, write your answer on the form provided. Erasure marks may cause the grading machine to mark your answer wrong. INSTRUCTIONS: The following selections relate to distinguishing arguments from nonarguments and identifying conclusions. Select the best answer for each. Developing accounting information in conformity with generally accepted accounting principles is called
financial accounting, because this information is designed to summarize the financial position and operating results of a business entity. Financial accounting concepts apply to all types and sizes of business organizations. These concepts are useful to decision makers in both business and government in evaluating a wide range of economic issues. Walter B. Meigs and Robert F. Meigs, Accounting, 6th ed.
A) Nonargument.
B) Argument, conclusion: Financial accounting concepts ... business organizations.
C) Argument, conclusion: These concepts are useful ... economic issues.
D) Argument, conclusion: Developing accounting ... financial accounting.
E) Argument, conclusion: This information is designed ... business entity.
A
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The argument of professional ethics states that" ¦
a. a whole class of theories that identify ethical reasons for action apart from weighing the consequences of a choice. b. about likely consequences that would result from a choice c. about constraints or principles that apply prior to making the choice, independent from assessing the consequences of that choice d. the view that people ought to do whatever is in their self-interests.
In advertising, "puffery" refers to ________.
A. the use of repetitive jingles and meaningless slogans to sell products B. the use of humor to sell products C. an appeal to patriotism and group loyalty to sell products D. None of the answers are correct
The root of suffering is said to be desire based on:
A. False expectations B. Dramatic appeal C. Ignorance D. Poor decision making
A modern monotheistic religion that grew out of Islam and emphasizes unity and equality of individuals, cultures, and religions is
A. Baha'i. B. Cao Dai. C. Judaism. D. Zoroastrianism.