Which Item Below Is the Best Example of a Proposition

question 48

Multiple Choice

Which item below is the best example of a proposition of fact?

• A) In 2013 college student debt grew larger than credit card debt.
• B) I think states should support higher education to reduce tuition.
• C) Big dogs make better companions than small dogs.
• D) The best areas of the United States have four seasons.

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Definitions:

Bad Debt Expense Adjustment

An accounting entry to estimate and record the amount of accounts receivable that is not expected to be collected.

Accounts Receivables Turnover

A financial ratio that measures how often a company collects its average accounts receivable over a period.

Credit Sales

Sales transactions where payment is deferred, allowing customers to purchase goods or services on credit.

Receivables Turnover

A financial metric indicating how efficiently a company uses its assets by calculating the number of times average receivables are collected during a given period.