"I Really Want to Believe That My Vague Recollection of an Incident

question 277

Multiple Choice

"I really want to believe that my vague recollection of an incident that occurred at Disneyland as a preschooler is true, but that doesn't mean that it is true." Which of the following critical thinking guidelines does this example illustrate?

• A) examine the evidence
• B) define your terms
• C) don't oversimplify
• D) avoid emotional reasoning

---

Definitions:

Cash Operating Expenses

The expenses a company incurs during its day-to-day operational activities, paid in cash, such as rent, utilities, and salary payments.

Simple Rate

A basic or straightforward interest rate calculation without compounding, often used in financial transactions and loan agreements.

Annual Depreciation

The portion of the cost of a fixed asset that is expensed on the income statement annually over its useful life.

Internal Rate

A variation of the Internal Rate of Return (IRR), focusing on the rate at which a series of cash flows would result in a net present value of zero.