Which of the Following Statements Is True Regarding the Use

question 84

Multiple Choice

Which of the following statements is true regarding the use of the scientific method?

• A) The scientific method uses hypotheses to generate theories, but facts are not relevant because there is no such thing as a true fact. All facts are merely relative, and so they are not important in the scientific method.
• B) The scientific method is concerned with facts and hypotheses, as we use the gathering of data to confirm or refute hypotheses. Theories are not relevant to the scientific method.
• C) The scientific method is only concerned with facts, as anything else is merely a form of a guess.
• D) Facts, theories and hypotheses all have very important functions in the use of the scientific method.

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Definitions:

Break-Even Point

The point at which total costs and total revenues are equal, meaning there is no net loss or gain.

Variable Cost

Costs that vary directly with the level of production or output, such as materials and labor expenses.

Monthly Interest Rate

The interest rate applicable to an investment or loan on a monthly basis.

Net 30 Policy

A credit term indicating that payment is due in full 30 days after the invoice date.