Leonard Is Missing a Sock

question 104

Multiple Choice

Leonard is missing a sock. His sister suggests that a friend of his may have snuck into his room while he was sleeping and took the sock as a practical joke. However, Leonard decides it is much more likely that the sock was simply lost when he last did the laundry. What element of critical thinking most likely influenced his decision?

• A) skepticism
• B) the principle of parsimony
• C) tolerance of ambiguity
• D) avoiding overly emotional thinking

---

Definitions:

Customers

People or organizations that buy products or services from a company.

Liability

An obligation a company owes to others, such as loans, accounts payable, or mortgages, which must be settled over time through the transfer of economic benefits.

Future Outflow

Projected cash payments or disbursements that a business expects to incur as a result of current operations or future activities.

Resources

Resources are materials, energy, services, staff, or other assets that are utilized to produce goods and services, effectively supporting business operations.