_______________occurs when the speaker takes general information (premises) and draws a conclusion from that general information.

a. Inductive reasoning
b. Causal reasoning
c. Analogical reasoning
d. Deductive reasoning


d. Deductive reasoning

Business

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The journal entry a company uses to record fully funded pension rights for its salaried employees at the end of theyear is

a. debit Salary Expense; credit Cash b. debit Pension Expense; credit Unfunded Pension Liability c. debit Pension Expense; credit Unfunded Pension Liability and Cash d. debit Pension Expense; credit Cash

Business

Describe the boundaryless organization and three organizational structures that are common forms of it.   

What will be an ideal response?

Business

Based on the terms of the credit and the purpose, the objectives of financial statement analysis by creditors will vary

Indicate whether the statement is true or false

Business

Which of the following is an example of a cost that does NOT change in total over wide ranges of volume or activity?

A) the company president's salary B) cloth used to make shirts C) bottles used in a beverage company D) hourly wages for production line workers

Business