Examlex
Brothern Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. Data for the most recently completed year appear below: The predetermined overhead rate for the recently completed year was closest to:
True
In accordance with fact or reality, without falsehood or error.
False
Not true; incorrect.
False Alternative
A logical fallacy that occurs when an argument presents a limited set of options as if they are the only possibilities when, in fact, more options exist.
Fallacy
An incorrect argument in logic and rhetoric resulting in a lack of validity, or more generally, an error in reasoning.
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